Seeing Softness in Macau’s High-End Market, Says Bernstein Global Gaming’s Umansky

The video discusses the current trends in the Macau gaming market, highlighting the strong performance in the mass market and the decline in VIP segments. It examines the impact of external factors like the Hong Kong protests and trade tensions on high-end players. The future outlook suggests stabilization, with growth tied to the mass market. Operators are focusing on marketing and product quality to attract discerning customers. Galaxy's challenges and expansion plans are also explored.

What was the growth percentage of the mass market in the second quarter?

• 14%

• 16%

• 12%

• 10%

Which segment of the market has shown considerable softness according to the transcript?

• Online gaming

• VIP and premium mass

• Mass market

• Mid-tier customers

What is the key to future growth in Macau according to the transcript?

• High-end luxury services

• Mass market and mid-tier customers

• VIP segment

• Online gaming

Which operator is mentioned as suffering in the premium segment due to product quality?

• Wynn

• Melco

• Galaxy

• Sands

What is Galaxy's strategy to maintain its market position?

• Reducing costs

• Expanding with phase three and four

• Improving online presence

• Focusing on VIP customers