Macau’s gross gaming revenue growth is expected to moderate in March after a near 18 percent jump in February that topped expectations, analysts say.
China’s economy is seeing renewed strength in premium activity, driving demand for luxury cars and VIP gaming in Macau, though longer term the outlook for the high roller segment is muted, according to research from Bernstein.
Australia-listed Crown Resorts on Thursday announced the departure of its chief executive after more than 20 years with the group.
Macau’s six casino operators will begin reporting Q2 results later this month, with analysts expecting a mixed bag.
The final winners in the Asia Gaming Awards were announced last night at a stunning Gala Dinner and Award Ceremony held at The Venetian Macao.