Analysts forecast that gross gaming revenue growth in Macau will moderate in March following a February jump of nearly 18 per cent, reports Asia Gaming Brief.

Macau GGR growth to slow in March

Buckingham Research Group expects March GGR growth of 10-12 per cent, while Bernstein is expecting a range of 9-11 per cent.

“According to our channel checks, last week's number was better than anticipated on robust VIP while VIP hold rate was around normal level,” Bernstein said in a note.

“With respect to individual operators, the devil remains largely in the details regarding the breakdown between VIP and mass and overall market shares (which are not available) and as such the weight of the overall GGR number needs to be taken with a bit of scepticism.”

Source: Asia Gaming Brief