According to Citigroup
Macau’s gaming revenue to grow by 7 % in July
(Macau).- Citigroup forecasts Macau’s casino gross gaming revenue will grow by 7 percent year-on-year in July, to us$ 3.25 billion. That represents an 11 percent growth rate month-on-month.
2012-07-10
Reading time 16 seg
(Macau).- Citigroup forecasts Macau’s casino gross gaming revenue will grow by 7 percent year-on-year in July, to us$ 3.25 billion. That represents an 11 percent growth rate month-on-month.
Meanwhile, Japanese brokerage firm Nomura said weaker-than-expected June gross gaming revenue could further lower expectations for July, leaving room for upside surprise.
Nomura expects the casino revenue growth rate to hit high single digits on a year-on-year basis for July and August.
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