Gaming revenue record guaranteed, say analysts

2013-10-29

From：Macau Business

Analysts have forecast gross gaming revenue to exceed MOP35 billion (US$4.4 billion) this month and set a new monthly record.

Sterne Agee analyst David Bain said this month’s revenue would be about 15 percent higher that the current MOP31.4-billion record set in March.

The brokerage said this month’s gross gaming revenue would reach MOP35.9 billion, a 29-percent increase over the same time last year.

RBC Capital Market says October’s gross gaming revenue may reach MOP36 billion, a 30-percent increase in year-on-year terms. Its revenue estimate for the first 27 days of the month was MOP32.6 billion.

Wells Fargo said gaming revenue was about 30 percent higher than at the same time last year.

A source from SJM Holdings Ltd told the Lusa news agency that revenue could reach MOP37 billion this month.

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