Casino revenue to grow 14 pct in 2013: Barclays

2013-6-10

From：Macau Business

Barclays Research forecasts Macau’s casino gross gaming revenue will grow 14 percent this year, it said last week.

The investment bank expects growth to accelerate starting from 2015-16, based on increasing penetration of non-Guangdong visitors, improved infrastructure, new casino launches and new non-gaming offerings.

Meanwhile, Japanese brokerage firm Nomura says the city’s casino gross gaming revenue in June will benefit from a low-base effect, making year-on-year comparisons easier.

Nomura says full-month revenue could reach MOP26.1 million (US$3.3 billion), up by 12 percent year-on-year.

The brokerage firm says the coming summer months will continue to benefit from the low base effect.

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