International edition
September 28, 2021

Buckingham Research Group and Bernstein

Macau growth expected to moderate in March

Macau growth expected to moderate in March
Analysts forecast that gross gaming revenue growth in Macau will moderate in March following a February jump of nearly 18%.
Macau | 03/15/2017

Analysts forecast that gross gaming revenue growth in Macau will moderate in March following a February jump of nearly 18%.

B

uckingham Research Group expects March GGR growth of 10-12 per cent, while Bernstein is expecting a range of 9-11 per cent.

“According to our channel checks, last week's number was better than anticipated on robust VIP while VIP hold rate was around normal level,” Bernstein said in a note.

“With respect to individual operators, the devil remains largely in the details regarding the breakdown between VIP and mass and overall market shares (which are not available) and as such the weight of the overall GGR number needs to be taken with a bit of scepticism.”

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