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Growth spike forecast for February casino revenue
- 2014-02-21
2014-2-19
From:Macau Business
Sterne Agee has raised this month’s forecast for annual growth in gross gaming to between 26 percent and 28 percent – up to MOP34.8 billion (US$4.35 billion).
It had estimated growth would be between 17 percent and 21 percent.
The revamped forecast is based on revenue in the first 16 days of the month.
The brokerage says table-only gross gaming revenue stood at MOP22.2 billion on Sunday.
Copyright@Macau Business