Macau mass gaming revenue might see 12 % growth in Q2
Wednesday 10 de July 2019 / 08:29
2 minutos de lectura
(Macau).- Financial services company Morgan Stanley said on Tuesday that it expected 12 per cent of year-on-year growth in the mass market of gross gaming revenues for the second quarter this year, despite a weak VIP revenue.
The Gaming Inspection and Co-ordination Bureau (DICJ) announced that the second quarter was MOP73.35 billion (US$9.1 billion). Morgan Stanley estimates that the mass revenue will be flat, while the VIP revenue will be down high single digits on a quarter-on-quarter basis.
The company also predicted that the property EBITDA will amount to US$2.4 billion for the second quarter, a year-on-year growth rate of 7 per cent from 4 per cent in the first quarter this year, but a 4 per cent decrease quarter-on-quarter.
Additionally, the company believes the VIP roll will grow 3 per quarter-on-quarter but with VIP revenue declining 9 per cent year-on-year.
Meanwhile, Morgan Stanley did not see a meaningful potential increase in earnings for Macau gaming stocks.
Categoría:Casino
Tags: casinos,
País: Macao
Event
G2E - Las Vegas 2025
06 de October 2025
CT Interactive on Innovation, Networking, and Market Growth at G2E 2025
(Las Vegas, SoloAzar Exclusive).- The global gaming industry marked G2E’s 25th anniversary with a major gathering in Las Vegas. CT Interactive stood out for its innovative product development and international growth strategy. Account Manager LATAM at CT Interactive, Roberto Muñoz, shared insights on G2E’s importance, emerging trends, and the company’s collaborative expansion efforts.
Thursday 30 Oct 2025 / 12:00
Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025
(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.
Monday 27 Oct 2025 / 12:00
G2E 2025: Cristian Galarza, ASAP Director Explains the Importance of Attending the Event
(Las Vegas, SoloAzar Exclusive). - After attending the 25th anniversary edition of G2E in Las Vegas, ASAP’s director shares his perspective on the evolution of the industry, driven by digitalization, efficiency, and the creation of international networks that foster new business opportunities.
Tuesday 28 Oct 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.