INSIGHTS
RHB Research says Malaysia's gaming sector will see "relatively unexciting growth prospects" in 2014 compared with its Macau peers. The research house forecasts the sector's earnings growth to be around 5.6% for 2014 and 6.7% for 2015, against consensus projections for Macau's casino operators at 22.4% for next year
RHB Research: M’sian gaming to see unexciting growth in 2014 compared with Macau
Date: 2013/12/30
Source: The Malaysian Insider
RHB Research says Malaysia's gaming sector will see "relatively unexciting growth prospects" in 2014 compared with its Macau peers.
The research house forecasts the sector's earnings growth to be around 5.6% for 2014 and 6.7% for 2015, against consensus projections for Macau's casino operators at 22.4% for next year and 17.8% for 2015.
"The sturdier growth in Macau's gaming market is mainly underpinned by the continued influx of visitors from China in tandem with the domestic economy's expansion," according to the research firm. Growth-seeking investors are likely to increase their exposure in Macau's gaming market while staying away from Malaysia-listed gaming stocks for now.