News Detail

Deutsche Bank gloomier about 2014 gaming revenue

  • 2014-09-23

2014/9/22

From:Macau Business

 

Deutsche Bank has reduced its forecast of growth this year in gross gaming revenue in Macau’s casinos to 1 percent from 10 percent.

The bank predicts that the slowing of the flow of revenue from VIP gaming will be accompanied by a slower flow of revenue from mass-market gaming.

And it has given a warning that the increase in supply in the gaming market as the first of the new casino-resorts in Cotai open next year may fail to spur new demand.

 

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