Casino revenue growth accelerates despite weak mainland economy

2019-07-02 07:11
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Macau casino revenue grew in June for a second straight month in a sign that the sector is holding its ground even as the prolonged Sino-US trade war bites into mainland China’s economic growth.

Gross gaming revenue was 23.8 billion patacas last month, up 5.9 percent from a year earlier, the Gaming Inspection and Coordination Bureau (DICJ) said in a statement yesterday.

That was better than the median analyst forecast of a 1.8 percent increase, and follows May’s growth of just 1.8 percent.
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