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Analysts see record gaming revenue in February
- 2014-03-03
2014-2-26
From:Macau Business
Gross gaming revenue this month is on track to exceed MOP36.4 billion (US$4.6 billion), the most ever.
Sterne Agee analyst David Bain has increased the forecast for annual growth in revenue to 35 percent from somewhere between 26 percent and 28 percent.
“Macau table-only gross gaming revenue is MOP30.33 billion through February 23. The February run rate with five days of gross gaming revenue to go is around 42 percent year-on-year or MOP38.4 billion, which would exceed October’s monthly record by over 5 percent,” Mr Bain says.
Barclays predicts annual growth in revenue of at least 33 percent this month.
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