Nomura Securities wary about H2 casino business

2014/8/5

From:Macau Business

A Nomura Securities analyst says the growth of 12 percent in Macau’s gross gaming revenue that other analysts are forecasting for this year will be difficult to achieve.

The stockbroker’s analyst, Louise Cheung, says VIP gaming revenue would have to be steady and mass-market gaming revenue would have to increase by 33 percent.

Ms Cheung considers this a tall order, seeing little chance of a boost to the gaming business that would free it from the hindrances it has encountered so far this year.

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