As per a report from GGRAsia refering to authority figures from the Gaming Inspection And Coordination Bureau controller, the count for the 31-day time frame came affability of the most astounding normal day by day revenues for a non-occasion period in two years at $85.6 million, which was just 2.6% beneath the $87.9 million in comparing takings recorded amid the past ringer climate month of October. “While a detailed breakdown of gross gaming revenues for the first quarter 2017 won’t be available for another two weeks, we estimate that VIP gross gaming revenues likely grew at a rate of 22% to 25% during March and mass continues to grow in the low double-digits or low teens,” a statement stated by Union Gaming Securities Asia Limited analyst Grant Govertsen.
Macau had been enduring 26 months of year-on-year decreases in amassed net gaming revenues until August saw casinos in the previous Portuguese enclave present a 1.1% change on $2.35 billion while September’s figure of $2.29 billion spoke to a swell of 7.4%. This pattern proceeded in October with a 8.8% lift to $2.72 billion preceding being outperformed by a 14.4% progress to $2.34 billion in November.
December’s figure thusly developed by 8% year-on-year to hit $2.47 billion while joined takings in January ascended by 3.1% to reach about $2.41 billion preceding February saw a 17.8% lift to $2.87 billion. “The second quarter has been softer than the first quarter over the last three years from an absolute dollar gross gaming revenues perspective [but] we expect the negative delta to narrow in 2017 and are projecting just a 4% sequential slowdown [in the second quarter],” read a statement from Deutsche Bank
