According to Citigroup
February casino revenue to go up by 17 % in Macau
2013-02-01
Reading time 22 seg
(Macau).- Citigroup forecasts casino gross gaming revenue in Macau to hit us$ 3.56 billion in February, a 17 percent gain year-on-year. Analyst Anil Daswani wrote in a note that this is due to Chinese New Year, which falls on February 10, Bloomberg reports.
As for this month, Citigroup and Japanese brokerage firm Nomura are maintaining their Macau gross gaming revenues forecasts, but have different estimates.
Citi foresees a 10 percent year-on-year gain at us$ 3.38 billion, while Nomura suggests that January could deliver closer to us$ 3.44 billion, up 12 percent year-on-year.
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