November gaming revenue expected to rise 20 pct

2013-11-29

From：Macau Business

RBC Capital Markets expects Macau’s gross gaming revenue to be 20 percent higher this month than a year before, Barron’s reports online.

RBC Capital Markets analysts reckon gross gaming revenue in the first 24 days of this month was MOP24.2 billion (US$3.03 billion).

“Due to the stronger-than-expected results last week, we are increasing our full-month estimate for November from a range of plus 15 percent to plus 17 percent to an increase of 20 percent,” RBC Capital Markets says in a note.

Copyright@Macau Business