ENGLISH
VIP sector may fuel Macau gambling rebound
Economists at Morgan Stanley Research are predicting a sharp rebound in Macau’s gross gaming revenue this week thanks to the VIP sector. Typhoon Hato hit mainland China last week, causing a massive disruption in Macau’s lucrative casino industry.
With mass players expected to give Macau a wide
"We think Macau GGR will
"We expect VIP to recover faster than mass. This, along with additional operating expenses or maintenance, is likely to mean lower earnings before interest, taxation,
They also revised their earlier estimate of 24 % growth for Macau GGR in August to 18 % as a result of the most destructive typhoon to hit Macau since 1999.
Source: GMB / Calvin Ayre
















