February gaming revenue forecast to fall by 51 pct

2015/2/25

From：Macau Business

JL Warren Capital forecasts that gross gaming revenue in Macau’s casinos will be 51 per cent lower this month than a year ago.

A note by the research firm attributes the expected decrease to weakness in the mainland economy deterring consumers there from spending.

“Add to that the anti-corruption campaign’s blight on conspicuous consumption, and it is no surprise that Macau casinos are empty and Chinese New Year spending looks likely to be subdued,” the note says.

Copyright@Macau Business