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JP Morgan foresees another post-covid casino revenue record in August

Casino operators are due to deliver another post-covid surprise in gross gaming revenue (GGR), with August GGR set to reach a range of MOP21.9 billion (US$2.72 billion) to MOP22.5 billion.

J.P. Morgan analysts DS Kim, Selina Li, and Lindsey Qian wrote in a Monday report that GGR for the first 24 days of August stood at MOP17.65 billion, or MOP735 million per day.

Last week’s daily run-rate climbed further by 9 per cent to MOP793 million from a week earlier.

Read more in Macau News Agency

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