Majority of Macau casino gamblers invested less than $125 on their newest trip to the world’s top gambling center, according to a brand-new survey.
The IFT Tourism Research Center (TRC) at Macau’s Institute for Tourism Studies just recently released its Macao Visitor Profile Survey 4th Quarter Report, which includes the outcomes of field studies of 1,042 visitor’s identities, spending habits and factors for traveling.
A little over one-quarter (26 %) of respondents admitted to gambling during their journey to Macau, while 52 % of these gamblers stated they’d invested less than MOP 1k ($125) gambling in the gambling establishments. That’s up substantially from the 38 % whose gambling spending fell under MOP 1k in a similar TRC study of Macau visitors in the second quarter of 2015, suggesting it’s not just the high-rollers who’ve been required to tighten their belts.
Around 16 % of gamblers in the Q4 survey admitted spending between MOP 1k-2k, while 12 % invested between MOP 2k-5k. Simply 20 % said they d spent over MOP 5k on gambling activity, below 25 % in the Q2 report.
Further evidence of China’s weakening economy was on complete display in the TRC’s most recent report, as mainland China represented 62 % of Q4 visitors, down from 68 % in Q2, while visitors from Hong Kong rose one point to 18 % and Taiwanese visitors improved two points to 10 %. Other Asian countries represented 9 % while western nationals amassed a mere 1 %.
Women comprised 60 % of Q4 visitors, while 72 % of all visitors were under 35 years old and 65 % held a minimum of a tertiary education level degree. Majority (57 %) of Q4 visitors were overnight visitors, 81 % of which prepared to remain in Macau for two to three days. Over three-fifths (61 %) of Q4 visitors had been to Macau prior to, and 59 % of these returning visitors had made the trek more than 3 times in the past 5 years.