International edition
June 22, 2021

It just set a new monthly casino gross gaming revenue record in December

Gaming in Macau to continue to grow

(Macau).- Casino gross gaming revenue is set to continue to increase in the next two years, analysts say. Last year set a new yearly record for casino revenue. The full 2010 closed with revenues of us$ 23.5 billion, up by 57.8 % over 2009, the previous record year.

A

aron Fischer, CLSA’s head of Asian gaming research, expects the local market to grow 20 % this year and 25 % in 2012.

Janet Brashear of Bernstein research is a little less bullish: she predicts a 17 % market growth for 2011. She notes that the limits on the number of gaming tables and the government reluctance in approving new casino projects could impact the growth rate, as well as possible new rules for VIP operators.

“There could easily be a 10 % swing in either direction,” Brashear wrote. “Government and economic variables abound however, which could alter the growth rate dramatically in either direction.”

Just looking to January, Sterne Agee analyst David Bain said a new monthly record could be set. If not, February is also a strong candidate because of the revenue boost related to the Chinese New Year holidays.

Macau just set a new monthly casino gross gaming revenue record in December, according to official data. With total revenue of us$ 2.314 billion, last month’s casino take beat the previous record of us$ 2.313 billion from October, by a small margin.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook