More analysts forecast record casino revenue

2013-10-9

From：Macau Business

Two new reports have predicted record monthly gross gaming revenue of between MOP32.5 billion and MOP33.7 billion for October.

Nomura Holdings says gaming receipts in the first six days of this month suggest gaming revenue of between MOP32.5 billion and MOP33.5 billion for the month – an increase of between 18 and 22 percent over October last year.

J.P. Morgan has forecast gross gaming revenue of about MOP33.7 billion, a 22-percent increase over the same time last year.

The record of MOP31.3 billion was set in March.

Meanwhile, Bank of America Merrill Lynch has revised its annual growth estimate from 14.5 percent to 16 percent.

Copyright@Macau Business