Macau gaming stocks are in for a "watershed" year, with casino operators in the Chinese enclave set to enjoy solid demand growth without a significant increase in new supply, according to Citi.
"2014 is the first year since 2005 with no major casino opening to drain growth and will be a year with excess demand given the largest hotel property on the mainland is opening up across the border in Hengqin," analysts at Citi wrote in a report this week.
(Read more: This 1 chart couldmean big Macau casino profits in 2014)
Getty Images
"The lack of a significant opening until mid-2015 provides an 18-month runway," they added.
This is in stark contrast with what happened over the last three years, the analysts noted, when Galaxy Macau and Sands Cotai Central – the two newest properties in Macau – took a significant portion of the overall gaming revenue growth in the city.
(Read more: Sleepy island wantsto cash in on China's gambling addiction)
The bank forecasts gross gaming revenue – the amount wagered minus the winnings returned to players – will total $54 billion in 2014 – a near 20 percent rise from the previous year.
![Pinterest](https://pinterest.com/pin/create/button/?url=https://desifashionista.com/archives/76158&media=https://image.cnbcfm.com/api/v1/image/100912073-casino.jpg?v=1529462767&description=Macau gaming stocks are in for a "watershed" year, with casinos set to enjoy solid demand growth without an increase in new supply, says Citi.){kind=link}