Wynn VIP table games turnover fell by 20% in Q3'19.
VIP gaming has been shrinking in 2019, primarily due to increased oversight of the city's junket operations.
While VIP gaming drop has observed a consistent decline in recent quarters, Wynn Resorts’ mass gaming segment has observed strong growth.
However, Wynn’s share of Macau's mass market gaming of just 14% is unlikely to provide a quick recovery in the near term.
(In Q3, Total Mass Market GGR was $3.6 billion, Wynn’s mass market drop was $2.6 billion, approx. casino win = $2.6 * 20% => $524 million, Wynn’s share = 14%)