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Analysts concerned about Macau smoking ban

Mar 24, 2014 9:11 PM

Gaming analysts continue to have high rankings for the companies that operate casinos in Macau but a little apprehension began showing last week with the concern that the former Portuguese colony will impose a smoking ban.

Although the ban, if imposed, would be limited to the mass market area, and not affect the high-roller VIP rooms, analysts were still concerned.

Noted Cameron McKnight of Wells Fargo, full bans in other markets have immediately impacted revenues by 10%-20% year-over-year.

If pressure from unions and activists continue, a full ban on smoking throughout the casinos could be imposed by 2016, analysts noted.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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