Wells Fargo predicts 20-pct casino growth to 2018

2013-10-10

From：Macau Business

Wells Fargo Securities LLC says Macau’s casino industry could post up to 20 percent annual revenue growth to 2018.

“We believe Macau revenues could sustain 10 to 20 percent compound growth to 2018,” the brokerage firm said yesterday.

Such growth would be driven by greater numbers of visitors from Northern China, from improved transport infrastructure, greater amenities and continued income growth in the mainland, Wells Fargo said.

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