Higher revenue: A file picture showing the Eiffel Tower attraction standing illuminated at the Parisian Macao casino resort. Gross gaming revenue grew to US$3bil in June, up 5.9% from last year. — Bloomberg
HONG KONG: Macau casino revenue grew for a second straight month in a sign that the world’s largest gaming hub is holding its ground even as a prolonged trade war bites into China’s economic growth.
Gross gaming revenue for Macau casino operators was 23.8 billion patacas (US$3bil) in June, up 5.9% from a year earlier, according to data from the Gaming Inspection & Coordination Bureau. That was better than the median analyst estimate of a 1.8% increase, and follows modest growth in May.Key Insights
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
