Emperor says revenue gains 11.7 percent, focuses on premium mass

    Emperor Entertainment Hotel, which is seeking to focus on the premium mass market, said revenue in the fiscal year to March 31st rose 11.7 percent to HK$11.26 billion ($1.45 billion).
    EBITDA increased by 12.4 percent to $1.06 billion, while basic earnings per share was $0.46 up from $0.42.
    The company said it has ramped up the space dedicated to premium mass market players at its flagship Grand Emperor Hotel in Macau, which has over 130,000 square feet of gaming space.
    Overall revenue from the gaming concourse was $1.56 billion, up 13.6 percent. The segment accounted for 69.3 percent of group revenue.
    The group self-manages a VIP room with 10 tables which recorded a rolling amount of HK$26.1 billion, up from $21.4 billion the year before. Revenue from the VIP room grew by 5.5 percent to HK$451.5 million, accounting for almost 20 percent of the group total.
    The slot machine segment recorded a gross win of $66.5 million down from $103.5 million.