Macau revenues continue upward trend in July

News on 1 Aug 2017

The Macau regulator has released gambling sector numbers for July 2017, showcasing continued revenue growth in the gambling hub.

Overall revenues were up 29 percent year-on-year in July at 23 billion patacas ($2.86 billion), extending a year-long winning streak due to an upsurge in spending by wealthy punters and an increase of leisure visitors driven by the summer holidays, according to a Reuters news agency report. The improvement is within the range predicted by analysts.

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