According to PAGCOR’s CEO Andrea Domingo, the regulator/operator’s gross gaming revenue grew by 9 per cent thanks to business with nearby countries.
According to the brokerage, Melco and Wynn are the top picks for 2018 as they are set to outperform the Macau competition.
According to brokerage Sanford C. Bernstein, the VIP gambling sector will slow down in Macau during the second half of the year.
Slot machine revenue at the state’s twelve casinos increased by 1.2 per cent in December, but was down 1 per cent for 2017.
According to Deutsche Bank Securities Inc., Macau’s GGR is set to grow by 11.3 per cent year-on-year during 2018.
According to Morgan Stanley Asia, the Okada Manila casino resort will help expand the casino industry’s GGR in the Philippines.
Casino operators have voiced their optimism about AC’s casino finances in 2018 and the upcoming years.