[ET Net News Agency, 17 July 2018] Citi Research cited its Macau gaming industry
sources indicating that Macau GGR for the first 15 days could have reached ~MOP12.8bn.
The daily run-rate in the past week improved to ~MOP886m (versus ~MOP825m in the first
eight days of July), likely driven by the recovery of VIP demand as the impact from World
Cup moderated.
Citi conservatively maintained its July GGR forecast at MOP25.0bn (+9% YoY). (KL)