News Snapshot:
Macau’s gross gambling revenue is likely to be 50 percent higher in July than in March as travel restrictions with neighbouring Guangdong province are lifted, according to Bernstein Research. The firm said in the July 1st to July 11 period, GGR was up 16 percent from the last week of June and up 29 percent from June overall. Macau’s GGR recorded its worst month this year in June after a new outbreak of Covid in Guangdong and other cities in China triggered the reimposition of travel restrictions. Those restrictions for Guangdong have now been lifted. For the year as a...
