Macau gaming revenue beats May expectations

TheStar Wed, Jun 02, 2021 10:50am - 2 years View Original


Gross gaming revenue rose 492% in May to 10.4 billion patacas (US$1.3bil or RM5.36bil), according to data from the gaming inspection and coordination bureau. That beat the median analyst estimate of a 467% jump year-on-year.

MACAU: Macau gaming revenue beats analysts’ expectations in May for the first time in four months as tourism from mainland China swelled over the Golden Week holiday.

Gross gaming revenue rose 492% in May to 10.4 billion patacas (US$1.3bil or RM5.36bil), according to data from the gaming inspection and coordination bureau.

That beat the median analyst estimate of a 467% jump year-on-year.

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