International edition
October 15, 2021

According to Deutsche Bank

Macau 2013 gaming revenue to grow 17 %

(Macau).- Deutsche Bank has just increased its estimate for Macau’s casino gross gaming revenue growth for 2013 to 17 %, up from an earlier forecast of 11 %, Business Daily publication reports.

Junkets said VIP growth has finally returned to double-digit, as they start to extend more credit on [the] back of China’s gross domestic product recovery,” Hong Kong-based research analyst Karen Tang wrote in a report released earlier this week.

“Incorporating this pick up in VIP demand we raise Macau’s 2013 VIP growth from 5 % to 13 % year-on-year,” she said. “We also slightly raise mass table revenue growth forecast from 27 percent year-on-year to 28 % year-on-year.”

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