According to Nelson Kot, the president of the Macau Comprehensive Social Research Association, Macau's gaming operators have been discussing actively with licensed junkets, aiming to boost the VIP revenue rebound.

Macau's VIP revenue is likely to contract a further 30 percent - 50 percent in coming weeks following the detention of Suncity Holdings Chairman Alvin Chau.

Bloomberry Resorts Corporation reported strong performance in its domestic slot machine segment for the first quarter of this year, however, lower VIP and mass table revenues contributed to an 11 percent year-on-year decline in net income to $44.9 million.

After facing severe hardship, Macau's VIP segment is poised to attract new investors, potentially leading to a growth in the number of junket licensees.

Melco Resorts & Entertainment said 4Q21 adjusted EBITDA almost doubled on tight cost controls, but revenue dipped due to a soft performance in the rolling chip segment and on Covid restrictions.

Macau's VIP business has been more important for the government's tax revenue than for the profitability of the six concessionaires, according to a note from Morgan Stanley.

In our Deep Dive today, we discuss the thorny issue of just how the Macau government will replace its lost tax revenue from the VIP gaming market.

Macau lawmakers caught on that China's policies will have a direct impact on how Macau runs its gaming/ VIP, and on the revenue the government can expect.

Travellers International, the owner and operator of Resorts World Manila, saw its Q1 revenue decline 24 percent from the prior year, but gained 13 percent sequentially.

Newport World Resorts has a yearly drop in gross gaming revenue of some 16 percent, to PHP7.5 billion, according to the most recent results announced by its parent group.