The Macau Monetary Authority says it is optimistic about the tourism and gaming sectors, with the rise of the mass gaming market a positive factor.

The economy, the authority said, was set to grow at a “low single-digit” rate after a zero or slightly negative growth rate in 2014, based on a second quarter return to modest revival in the gaming sector.

“Looking forward, the mass market is likely to surpass the VIP market in terms of its share in total gross gaming receipts,” the report said.

This development of mass-market business is set to act as a buffer against the declining, highly volatile VIP business and have a positive impact on Macau’s economic stability.