The downturn was heavily driven by weakness in the high-roller segment. Official data showed high-stakes players dropped by 20%, while total VIP turnover plummeted 45% compared to the same period last year. This wiped out early-year momentum, which had seen five consecutive months of growth peaking with a 24% surge in January, before reversing into a 12.1% drop in June and persisting through the third quarter.
With high-end patrons tightening their belts and market sentiment cooling, operators are bracing for a more subdued environment heading into the final stretch of the year.
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