International edition
September 24, 2020

According to Standard & Poor’s Ratings Services

Macau gaming market to grow up to 15 % in 2012

(Macau).- Growth rates in the Asia-Pacific gaming market are likely to moderate in 2012 after the rapid growth in 2011, says Standard & Poor’s Ratings Services in its latest projections for the sector, recently published.

We expect growth rates in Macau and Singapore, the gaming hotspots in the region, to moderate in the next 12 months,” said Standard & Poor’s credit analyst Joe Poon.

“Our base-case forecast for the Macau gaming market is growth in gross gaming revenue of 10 percent to 15 percent in 2012. We expect net gaming revenue in Singapore to grow by 5 percent to 10 percent in 2012.”

Total casino gross gaming revenue in Macau for the first 11 months of 2011 was up 44.1 percent year-on-year to us$ 30.5 billion.

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