Cambodian VIP revenue growth leads world market

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June 16, 201610 yr

Cambodia is expected to lead the globe in terms of VIP gaming revenue growth as a percentage this year, according to a new report issued by US investment bank Morgan Stanley.

The report projects that Cambodian casinos will post a 39 per cent increase in 2016 VIP proceeds, noting that global casino VIP revenue recorded its first quarter-on-quarter growth in Q1 this year following eight consecutive quarterly declines.

While it projected that Macau would continue to have negative growth, Cambodia alone – which reported a 174 per cent increase in first-quarter growth at a total of $81 million – helped buoy global VIP revenue performance predictions.

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