Banks predict April drenching for Macau casinos

2015/4/9

From：Macau Business

Two investment banks have forecast that gross gaming revenue in Macau’s casinos will be considerably smaller this month than a year ago.

A Deutsche Bank note forecasts revenue of roughly MOP20 billion (about US$2.5 billion), 36.9 per cent less than a year ago. It forecasts that VIP gaming market revenue will fall by 42.7 per cent to US$1.38 billion.

A Credit Suisse note forecasts average revenue each day this month of MOP680 million, 35 per cent less than a year ago.

Copyright@Macau Business