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<Research>Citi: MO Avg. Daily GGR for First 8D of Mar Grows 11% YoY; Full-Mth GGR Forecast Unchanged
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Macau's GGR for the first eight days of March reached around MOP5.65 billion, averaging about MOP706 million per day, roughly 4% lower than the average daily GGR in February but about 11% higher than last March's average daily GGR, according to a Citi research report. Believing that multiple concerts will support Macau's performance at the start of March, Citi has conservatively maintained its forecast for March's GGR at MOP22.5 billion, implying a 14% YoY growth and average daily GGR of around MOP733 million for the remainder of the month. AAStocks Financial News |
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