Deutsche Bank predicts choppy recovery for casinos

2014/11/4

From：Macau Business

Deutsche Bank expects gross gaming revenue in Macau’s casinos to have been between 20 percent and 22 percent lower last month than a year earlier.

The investment bank says in a note that trends in gaming revenue may be stabilising.

It thinks last month’s annual fall in revenue will turn out to be the biggest in the current downturn, but that the recovery from this month onwards will be choppy.

Copyright@Macau Business