Gaming

March gaming revenue same as January’s – Morgan Stanley

Friday 03 de March 2023 / 12:00

⏱ 1 min read

(Macau).- Macau’s March gross gaming revenue is likely to climb further – by 13 per cent – to MOP11.6 billion (US$1.43 billion) from a month earlier, investment bank Morgan Stanley predicted recently.

March gaming revenue same as January’s – Morgan Stanley

In a note released today (3 March 2023), Morgan Stanley’s analysts Praveen K Choudhary and Gareth Leung said that local casinos could rake in as much as MOP11.6 billion in gaming revenue – up 13 per cent month on month but a whopping 217 per cent compared to a year earlier – or in other words, about MOP375 million per day.

However, if proved correct, the overall figure accounts for 45 per cent of the 2019 level only.

The latest forecast for March from the investment bank stands at the same level as the January outcome – MOP11.6 billion – supported by a weeklong Lunar New Year holiday. February recorded MOP10.32 billion in gaming revenue.

The two analysts also noted that the first quarter of 2023 could see industry property EBITDA return to 37 per cent of the 2019 level, or roughly USD920 million.

By Aries Un

Categoría:Gaming

Tags: Sin tags

País: Macao

Región: Asia

Event

SBC Summit 2026

29 de September 2026

What Onlyplay Learned at SBC Summit 2026

(Lisbon).- The event marked the first major offline presentation of Onlyplay’s refreshed brand, the introduction of Hyper Play, and a series of discussions highlighting the growing importance of partner relationships, service quality and post-launch support.

Wednesday 14 Oct 2026 / 12:00

Ready Play Gaming Highlights New Opportunities After SBC Summit 2026

(Lisbon, SoloAzar Exclusive).- Ready Play Gaming's Head of LATAM, Rocío Moitiño, analyzed the results of the company's visit to SBC Summit 2026, where she held meetings with operators and partners, presented new gaming proposals and identified opportunities to expand its international distribution.

Tuesday 13 Oct 2026 / 12:00

Uplatform Brought "Your Dreams. Our Platform" to Life at SBC Summit Lisbon 2026

(Limassol).- At Stand D215, Uplatform turned operator visions into reality during SBC Summit Lisbon 2026, blending standout experiential design with cutting-edge iGaming solutions.

Friday 09 Oct 2026 / 12:00