Holidays make analysts even gloomier about gaming

2015/4/1

From：Macau Business

Analysts have further cut their forecasts of gross gaming revenue in Macau’s casino this year, Bloomberg reports.

The news agency says the median estimate of 13 analysts it surveyed was that revenue would be 21 percent lower this year than last, falling to MOP277.7 billion (about $34.8 billion).

The median estimate of the analysts it surveyed two months ago was half that figure.

Bloomberg says the analysts cut their estimates after revenue over the Lunar New Year holidays showed the gaming slump was deepening.

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