HSBC analyst: Macau gaming revenues could grow by 13% in 2013

11/27/2012 | MacauBusiness.com

Sean Monaghan, HSBC's senior gaming analyst for Southeast Asia, said casino revenues in Asia's gaming hub of Macau could increase by 13% next year, fueled by mainland China's economic recovery and developments on the Cotai Strip. "We believe 2013 will also see Macau companies announcing new non-gaming leisure developments on neighboring Hengqin Island that could further enhance the growth potential of their Macau gaming resorts," Monaghan said.

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