CLSA forecasts Macau casino EBITDA to fall 11% year on year in Q3
By SectorWire desk · · Updated
Summary
CLSA expects Macau’s casino sector to report an 11% year-on-year decline in Q3 EBITDA. Higher visitor numbers are not generating additional gross gaming revenue, according to the report.
Why it matters
The forecast points to lower casino earnings in Macau despite increased visitor numbers.