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Gaming to post low single-digit growth rate in Feb

Macau’s casino gross gaming revenue for February is set to post a 3.4 percent year-on-year growth rate, reaching MOP25.1 billion (US$3.1 billion), HSBC bank analyst Sean Monaghan wrote in note dated yesterday. In the note, quoted by Bloomberg, Mr Monaghan said that gross gambling revenue for the first 17 days of February had reached MOP15.2 billion. Late […]

Macau’s casino gross gaming revenue for February is set to post a 3.4 percent year-on-year growth rate, reaching MOP25.1 billion (US$3.1 billion), HSBC bank analyst Sean Monaghan wrote in note dated yesterday. In the note, quoted by Bloomberg, Mr Monaghan said that gross gambling revenue for the first 17 days of February had reached MOP15.2 billion. Late last week, Credit Suisse had forecast February casino gross gaming revenue in Macau could go up by 10 percent year-on-year.

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