Las Vegas Sun

April 20, 2024

Macau casino sales rose 70 percent last week on junkets

Casino gambling revenue in Macau, the world’s biggest betting hub, probably increased 70 percent in the first week of June from a year earlier, Deutsche Bank AG analyst Karen Tang said, prompting her to raise her annual forecast.

Gambling revenue from the city’s casinos may rise 50 percent this year, compared with an earlier forecast of 35 percent, Tang wrote in a report today. Casino operators and companies that bring gamblers to the city see no sign of a slowdown, she said.

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