According to Japanese brokerage house Nomura
Macau’s VIP revenue to pick up in 2013
2012-12-11
Reading time 27 seg
(Macau).- Macau’s VIP gaming revenue is poised to increase by mid-single-digit to low-double-digit growth rates next year, according to Nomura, citing management from Macau operators. According to the Japanese brokerage house, casino managers expect mass gaming revenue will continue strongly next year, posting a 20 % to 25 % year-on-year growth.
Nomura said it forecasts 2013 could see stronger VIP revenue growth than 2012, which is running at 7.5 percent year-on-year to date, according to its checks.
The brokerage firm added that the new railway link between Guangzhou and Zhuhai could be ready before the Chinese New Year holidays. This could help drive the casino mass-market segment up, which has seen no visitation growth this year.
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