Macau GGR is expected to reach MOP 19.6 to 19.9 billion for the month of April, representing growth of 13 to 15 percent year-on-year, according to estimates from Bernstein.
Fitch Ratings is forecasting Macau gaming revenue to grow 12 percent this year, with near equal contribution from the VIP and mass market.
Philippine-listed Leisure and Resorts World Corp (LRWC) posted a 2.4 percent rise in its consolidated net income for the full-year 2016 to P1.1 billion, according to a filing from the company on Tuesday.
Entertainment Gaming Asia posted a widened net loss of $5.3 million in 2016, due to lower gaming operations revenue, higher operating expenses and higher taxes in its Philippine operations.
Gaming revenue in Macau for the first week of April was lower than expected and “relatively disappointing”, according to Bernstein in a note on Monday.
Casino operator Paradise Co. Ltd. saw casino revenues slide 9.5 percent year-on-year in the first quarter of 2017.
Casino operator Melco Crown (Philippines) Resorts Corp. posted a 63.5 percent increase in net revenues to $491.2 million in 2016, driven by a surge in VIP rolling chip turnover.
Hong Kong-listed NagaCorp recorded a 34 percent increase in VIP rollings for the first three months of 2017, according to the company’s latest filing to the Hong Kong Stock Exchange.
Macau gross gaming revenue in March grew 18.1 percent to MOP 21.2 billion (US$2.7 billion), according to the latest figures from the Gaming Inspection and Coordination Bureau.
Mainland China lottery sales reached RMB 28.2 billion (US$4.1 billion) in February, up 25.4 percent year-on-year.