01-08-2025
Macau's Gaming Revenue Boom Roars On With Another Estimate Beat
Macau's gaming revenue rose 19% in July, exceeding analyst expectation for the fourth consecutive month as big bettors' increasing appetite in spending injects new momentum for recovery in the world's biggest gambling hub.
Gross gaming revenue reached 22.1 billion patacas ($2.7 billion) for the month, according to data released by the Gaming Inspection and Coordination Bureau on Friday. The result was better than the median analyst estimate of a 13% year-on-year increase, and has returned to 90% of the pre-pandemic level in 2019 — the best post-Covid recovery so far.
