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BANK SEES Q4 GAMING MASS MARKET SHRINKING 8.7 PCT
- 2014-12-09
2014/12/4
From:Macau Business
Deutsche Bank forecasts that the mass market for gaming in Macau will be 8.7 percent smaller in the fourth quarter of this year than a year ago.
The bank estimates in a note that fourth-quarter casino gross gaming revenue from the mass market will fall to about US$4.04 billion (MOP32.26 billion).
It predicts that the mass market will continue to struggle until the second quarter of next year, when it forecasts that revenue will be 1.9 percent higher than a year earlier.
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