In December
Macau revenue to rise 16 percent
(Macau).- According to analysts at RBC Capital Markets, December revenue is expected to rise between 15 and 16 percent, powered by growth in both the VIP table hold and in the mass market sections.
2013-12-17
Reading time 24 seg
(Macau).- According to analysts at RBC Capital Markets, December revenue is expected to rise between 15 and 16 percent, powered by growth in both the VIP table hold and in the mass market sections.
Macau’s major gaming companies are set to see their stock prices trade sideways in the final month of the year.
Growth in both the VIP table hold and in the mass market sections appear to be pushing gaming revenues up in the final few days of the calendar year.
Wells Fargo gaming analysts meanwhile are reported as expecting December revenues to grow at between 12 percent and 15 percent.
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