Fitch Ratings projects 12% gaming revenue growth in Macau for 2017 with equal contributions from the mass market and VIP segments.
Fitch Ratings
Fitch Ratings is expecting Macau’s GDP to grow 2.5 percent in 2017, supported by improving gaming revenues from new resort openings.
The Fitch Ratings agency downgraded its annual growth forecast for Macau’s casino sector from 10% to 4% for this year due to a weakening in the VIP segment according to a statement on its website on Friday. Whilst the agency still expects to see strong growth in the mass market and slot machines, up 15 […]
1 2