Macau off to flying start for 2014

Macau’s table-only gross gaming revenue was about MOP19.2 billion ($2.4 billion) through to Jan. 19, indicating a January run rate, inclusive of slots, of about 21 percent year-on-year, according to analysts at Sterne Agee. The firm sees January GGR of between MOP31.7 billion to 32.5 billion, or growth of between 18 and 21 percent. The firm’s February Macau GGR market forecast calls for 20 percent to 22 percent growth.
RBC Capital Market in a separate note estimates growth for January will be about 17 percent.