International edition
June 22, 2021

Revenue could reach us$ 4.35 billion

October casino takings expected to hit new record in Macau

(Macau).- Analysts expect Macau’s casino gross gaming revenue to rise to a new record this month. Sterne Agee analyst David Bain said revenue could be us$ 4.35 billion, 26 % more than a year earlier. Wells Fargo’s Cameron McKnight estimates this month’s revenue growth is trending between 17 % and 23 %.

Economic momentum remains strong. High-end Chinese economic sentiment rebounded sharply in September. The property market remains robust and should help support player confidence,” he said.

Barclays analyst Phoebe Lee also expects this month’s revenue to break the record of us$ 3.84 billion set in March, Bloomberg reports.

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