Analysts: EBITDA grows 7-8% in Q1 despite margin pressures

Macau’s casinos posted first-quarter EBITDA growth of 7% to 8% year-on-year, trailing the city’s 14.3% gross gaming revenue (GGR) surge due to unfavorable VIP-to-mass player mixes and reinvestment pressures, analysts at Citigroup and CLSA Ltd. said in reports issued Monday. GGR hit MOP65.87 billion (USD8.16 billion) in the January-March period, the strongest daily run-rate since […] The post Analysts: EBITDA grows 7-8% in Q1 despite margin pressures appeared first on MACAU DAILY TIMES 澳門每日時報 .