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The management reiterated that Macau remains a supply-led market, and when new casino is put into operation in mid 2015, it is expected that gaming revenue growth will turn positive, Citigroup said in a report. The broker mentioned that 84% of SANDS CHINA LTD (01928.HK)  +1.950 (+4.583%)    Short selling $70.13M; Ratio 5.001%   's EBITDA came from mass market and non-gaming businesses, so the sluggish VIP market is not expected to impose much impact on the group. Based on the upbeat results in last quarter, the broker raised the 2014-2016 earnings forecasts by 1-2%. Target price was unchanged at $57, with the Buy rating maintained. 

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