Back    Zoom +    Zoom -
<Research>Citi Expects MO Nov GGR to Grow 11% YoY to MOP20.5B
Recommend
4
Positive
14
Negative
6
November is typically the slowest month for Macau's GGR, but this month's performance has been surprising, Citi said in a research report. Industry surveys showed that, in absence of major events during the weekend, the average wager/ player in the premium mass was HKD26,754, 2% above that during this year's Lunar New Year period, and players' enthusiasm for gambling remained high.

The broker expected Macau's GGR for November to reach MOP20.5 billion, representing an 11% YoY increment.

Related NewsUBS: Premium Gamblers w/ More Diverse Backgrounds & Better Financial Conditions Supporting MO Gaming Demand

AASTOCKS Financial News
Website: www.aastocks.com