Citi lowers Macau’s August gambling revenue forecast to 4 billion patacas; tourism restrictions are expected to continue for two more weeks
Citigroup released the latest research report on Macau’s gaming industry, Macau’s gaming revenue for the first eight days of August this year was 1 billion yuan (MOP, the same below), and the average daily gambling revenue was 130 million yuan, which was significantly lower than 7. The month’s 270 million yuan is believed to be due to the decrease in mainland visitors due to the impact of the epidemic.