Fitch bullish on Macau gaming in the long run

2015/3/11

From:Macau Business

Fitch Ratings expects casino gaming revenue in Macau to grow in the medium and long term because the Greater Chinese market remains under-penetrated.

The rating agency forecasts that gaming revenue will shrink by 4 per cent this year, with slight growth in the second half countering somewhat the fast contraction the agency expects in the first.

A Fitch report says eventual gaming revenue growth will be driven by new supply and infrastructure development, and by demand for mass-market gaming founded on continuing growth in the mainland economy.

Copyright@Macau Business