ADR down slightly in last full week of Feb

Average daily revenues hit HK$550 million (US$70.9 million) in the fourth week of February, down slightly from HK$600 million in the week before, according to Buckingham Research in a note on Tuesday.

The research group says it is expecting a 5-7 percent increase in February GGR.

Last week, Bernstein Research estimated Macau to see GGR growth of 10-11 percent for the month of February after performance in the week ended Feb. 19 was slightly lower than expected.

The Macau government is expected to release its official February GGR results on Wednesday.

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