Gaming revenue forecast to rise 20 pct next year

2013-12-11

From：Macau Business

Casino gross gaming revenue could rise by 20 percent next year, says Deutsche Bank.

The forecast by analyst Karen Tang sees revenue from the mass-market segment growing at 34 percent over the next 12 months, Bloomberg reports.

Wells Fargo Securities LLC says gross gaming revenue will increase by between 10 percent and 14 percent this month compared to last December.

The estimate is based on trends up to Monday, and sees 30 percent to 36 percent growth in the mass market, and between 2 percent and 5 percent growth in revenues from VIPs.

Copyright@Macau Business