News Detail

Steep fall in September gaming revenue forecast

  • 2015-09-08

2015/9/8

From:Macau Business

 

Deutsche Bank now forecasts that gross gaming revenue in Macau’s casinos will fall to MOP16.57 billion (about US$2.07 billion) this month, 35.2 per cent less than a year ago, as the VIP and mass markets both shrink.

In a note, the investment bank also predicts that the declines in casino gross gaming revenue this year and next will be bigger than it thought before.

The bank now thinks annual revenue will fall by 34.1 per cent this year and by 5.8 per cent next year.

 

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