Annual growth in casino gross gaming revenue in Macau slowed in the second week of this month, causing analysts to reduce their forecasts for the month.
Sterne Agee analyst David Bain says daily table gross gaming revenue averaged $113.9m million last week, having averaged $154.2m in the first nine days of the month.
The broker has reduced its forecast of annual growth in revenue this month to between 14 per cent and 17 per cent from 18 per cent.
Wells Fargo analyst Cameron McKnight now forecasts annual growth in revenue this month will be between 12 per cent and 15 per cent, having previously forecast growth of between 13 per cent and 18 per cent.
