The median analyst’s estimate was for a 13.2% y-o-y increase. The result was 6.2% higher than July, and showed revenue returning to about 80% of pre-pandemic levels.
Macau’s gaming revenue rose 14.8% in August, exceeding forecasts as demand for entertainment rose during China’s summer vacation, providing growth momentum for the world’s largest casino hub.
Gross gaming revenue reached 19.8 billion patacas ($3.22 billion) for the month, according to data released by the Gaming Inspection and Coordination Bureau on Sunday.
