According to new report

May casino revenue up 12-14% in Macau

(Macau).- US-based brokerage firm Sterne Agee forecasts Macau’s gross gaming revenues will grow between 12 to 14 % year-on-year in May.
2013-05-30
Reading time 18 seg
(Macau).- US-based brokerage firm Sterne Agee forecasts Macau’s gross gaming revenues will grow between 12 to 14 % year-on-year in May.

Analyst David Bain wrote in a note that according to the firm’s checks, May’s table-only gross gaming revenue stood at us$ 3 billion through to May 26.

“Including slots, the gross revenue run rate for May is us$ 3.65 billion or an increase of 14 % year-on-year, in line with our initial estimate,” Bain wrote.

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