Gaming industry still growing strong in Macau

Mar 25, 2013 7:06 PM

When it comes to gaming growth, say analysts, the place to be is still Macau.

Early reports indicate the month of March will again provide the world’s largest gaming community with record revenues.

Harry Curtis and his associates at Nomura Securities have raised their growth target for 2013 to 13% from the previous 11%. And, they are of the opinion the major segment of growth will be within the group called the mass-market gambler.

Previous growth was credited to VIP gamblers who were guided to the casinos by junket operators. That group is expected to grow by only 4% this year. But the Nomura analysts see premium mass market growth spurting as much as 35%.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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