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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.
Copyright@Macau Business