News Detail

Macquarie increases forecast of 2015 gaming plunge

  • 2015-03-24

 

2015/3/18

From:Macau Business

 

Macquarie Research now forecasts that gross gaming revenue in Macau’s casinos will fall to US$33.2 billion (about MOP265. billion) this year, 24 per cent less than last year.

Its analysts previously forecast a contraction of 8 per cent.

Macquarie Research’s latest note says Macau will have fewer visitors from the mainland than it previously thought, and that high-rollers among them will bet less in the casinos than it previously thought.

 

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