Pursuits
Macau Casino Sales May Rise Up to 40%, Macquarie Says
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Casino revenue in Macau, the world’s biggest gambling hub, may grow as much as 40 percent this month to about $2 billion, according to Macquarie Securities Ltd.
Macau casino sales were HK$6 billion ($773 million) in the first 12 days of September, said Gary Pinge, Macquarie’s regional head for consumer and gaming research, in a note to clients today, citing unidentified people in the gambling industry. “If the market holds up for the remainder of September, it would represent 35 percent to 40 percent growth year on year,” he said.