Gaming revenue likely to slow in next six months

2013-7-17

From：Macau Business

Gaming revenue growth will “experience a visible slowdown” in the second half of this year after six months of “better-than-expected growth”, the Monetary Authority of Macau says.

In the most recent Monetary and Financial Stability Review, released this week, the monetary authority says real gross domestic product is likely to grow by less than 10 percent this year.

The unemployment rate is expected to move in a “narrow range around 2.0 percent this year”, with the number of migrant workers gradually increasing “to loosen the supply constraint” of human resources.

The review says inflation is unlikely to deviate substantially from between 5 percent and 6 percent, and interest rates will remain at low levels.

Copyright@Macau Business