International edition
September 27, 2021

For the whole of 2012

Macau on track for 20 % plus growth

(Macau).- Union Gaming Research analysts say Macau casinos continue on track to post a year-on-year gross gaming revenue growth above 20 percent for the whole of 2012. In a note to investors, analysts Grant Govertsen and Felicity Chiang said that in the first quarter casino gross gaming revenue was up 27 % year-on-year.

I

n order to achieve 20 percent-plus growth for the year, monthly gaming gross revenue will need to average at least us$ 3.4 billion for the balance of the year.

“This is 11 percent higher than the average year-to-date gaming gross revenue, which we think is achievable based on historical trends … and backstopped by new supply (Cotai Central) that should grow the market,” said analysts Grant Govertsen and Felicity Chiang.

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