Casino revenue to go up 12 to 15 pct in 2013

Barclays bank estimates Macau’s casino gross gaming revenue will grow 12 to 15 percent in 2013. Casino revenues will be driven by a 5 to 10 percent year-on-year growth in the VIP segment, while mass-market revenue growth is forecast to stay in the low 20 percent range, Barclays said in a research note. In 2012, Macau’s casino gross gaming revenue increased by 13.5 percent to MOP304.1 billion (US$38 billion).