Macau casino revenue rose 4.4% in February from a year earlier, roughly matching expectations. February gaming revenue rose to 25.37 billion patacas (MOP; US$3.17 billion). The GGR numbers are in line with the projected flat gaming revenue for the year, but two other Macau trends merit watching. Visitor expenditures and mainland China capital controls matter more for the long run than gaming revenue snapshots. Gaming revenue growth that roughly tracks China’s GDP expansion seemingly defines tolerable, at least for now.

Source: Forbes March 04, 2019 05:37 UTC