Bank Of America Previews Gaming, Wynn Earnings

In a report published Monday, Bank of America analyst Shaun Kelley stated that Macau’s total visitation in March was down 13.5 percent, marking the first double-digit decline since 2009. Kelley said Macau’s declining traffic trend was attributed to a 17.6 percent decline in visitors from mainland China as the group represents 64 percent of total visitation while Mainland Chinese Individual Visit Scheme travelers were down 9.7 percent.