Research and Markets releases 'Casino Gaming Market in Macau 2015-2019'

Research and Markets has announced the addition of the "Casino Gaming Market in Macau 2015-2019" report to their offering.

According to the report, the revenue of the casino gaming market in Macau is expected to decline at a CAGR of (3.47)% over the period 2014-2019.

Currently, Macau has 33 casinos, with the Venetian Macau being the largest. In the coming years, more casinos will be added to this, increasing not only the number of tables, slot machines and other gambling paraphernalia, but also the number of accommodation facilities for tourists coming into the region. This will also cater to the middle class population that comprises a major portion of the gambling population in Macau.

Key players in the casino gaming market in Macau include: Galaxy Entertainment Group, Melco Crown Entertainment, MGM Holdings, Sands China, SJM Holdings and Wynn Macau.

Further, the report states that failure to collect amounts extended to credit players, the chance of losing more money than they earn and the possibility of fraud all restrict the entry of new players in this market.