By The Weekly Edge desk ·
Macau recorded MOP21.89bn (€2.33bn) in gaming revenue during August, Gaming Intelligence reported. Revenue fell 1% compared with the same month a year earlier.
Macau’s August gaming revenue fell 1% year-on-year to MOP21.89bn, marking lower revenue for the casino market.
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Macau’s daily gaming revenue exceeded September’s average despite softer high-end activity, providing investors a comparison of casino performance.
UBS estimates give investors a measure of Macau’s lower daily casino revenue after Golden Week’s opening four days.
The forecast points to lower casino earnings in Macau despite increased visitor numbers.
Sands remains committed to Macau despite slowing gaming revenue, while ruling out expansion into prediction markets.
The checks give casino operators a snapshot of mass-baccarat wagering levels across downtown Macau and Cotai during Golden Week.