Monthly Archives: April 2016

Macau VIP and mass gaming decline more slowly, but analysts fear oversupply

Macau casinos’ VIP and mass market gambling revenue fell at a slower rate in the first quarter of 2016, but analysts believe the market’s fundamentals are “merely less bad” rather than getting better.

On Friday, Macau’s Gaming Inspection and Coordination Bureau (DICJ) released figures covering the first three months of 2016, which showed overall casino gaming revenue of MOP 56.2b (US $7b), down 13.3% from the same period last year.

The troubled VIP gaming market continued to slide, falling 19.3% year-on-year to MOP 30.4b, which sounds terrible until you realize that Q1 2015’s VIP decline was down over 42% from Q1 2014.

Mass market gaming revenue totaled MOP 25.8b, a decline of 4.8% from the same period last year, which also represents an improvement given the 27% year-on-year decline reported in Q1 2015.

Macau VIP and mass gaming decline more slowly, but analysts fear oversupply

Macau casinos’ VIP and mass market gambling revenue fell at a slower rate in the first quarter of 2016, but analysts believe the market’s fundamentals are “merely less bad” rather than getting better.

On Friday, Macau’s Gaming Inspection and Coordination Bureau (DICJ) released figures covering the first three months of 2016, which showed overall casino gaming revenue of MOP 56.2b (US $7b), down 13.3% from the same period last year.

The troubled VIP gaming market continued to slide, falling 19.3% year-on-year to MOP 30.4b, which sounds terrible until you realize that Q1 2015’s VIP decline was down over 42% from Q1 2014.

Mass market gaming revenue totaled MOP 25.8b, a decline of 4.8% from the same period last year, which also represents an improvement given the 27% year-on-year decline reported in Q1 2015.

Elizabethtown woman wins $1 million lottery prize

Brenda Sellers has been an occasional player of the N.C. Education Lottery for years, but she’d never purchased a $10 ticket for the 50X The Cash scratch off. “I didn’t think I’d won anything,” said Sellers, who added that she hadn’t checked the winning numbers before having the ticket scanned at the Food Lion on West Broad Street, where she has worked for 11 years.

Elizabethtown woman wins $1 million lottery prize

Brenda Sellers has been an occasional player of the N.C. Education Lottery for years, but she’d never purchased a $10 ticket for the 50X The Cash scratch off. “I didn’t think I’d won anything,” said Sellers, who added that she hadn’t checked the winning numbers before having the ticket scanned at the Food Lion on West Broad Street, where she has worked for 11 years.

Powerball Ticket Worth $1,623,182 Sold Near Sacramento

ROCKLIN, CA: A ticket with five numbers in Wednesday’s drawing of the multi-state Powerball lottery, but missing the Powerball number, was sold at a gasoline station in Rocklin, near Sacramento, and is worth $1,623,182. One ticket each with five numbers, but missing the Powerball number, was also sold in Minnesota and New Jersey, the Multi-State Lottery Association, which conducts the game, announced.

Michigan man arrested for impersonating lottery worker, stealing tickets

Lake Orion police have arrested a suspected thief who they say posed as a lottery agent at several Oakland and Macomb county CVS stores in order to steal Michigan Lottery scratch-off tickets. Police Chief Jerry Narsh says investigators found “unique clothing” at the Pontiac home of David Witherspoon, 40, that also appears in store surveillance videos.