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These are very good indicators: the first days of May started with a – healthy – rise in revenues received by casinos in the Macao SAR.
In the first week, from the 1st to the 7th, following the holidays associated with Labor Day, the daily average of casino revenues was over MOP 640 million, figures advanced yesterday by consultant JP Morgan.
And it was precisely on holidays, in the first three days of this month, that the average revenue was exponentially higher, around 900 million patacas per day.
Despite revenues rising, operators’ shares on the stock exchanges have been falling for three consecutive days, reveals this analysis by JP Morgan.
