garampoker| Citi reports: raised Macau's May gambling revenue forecast to 20.5 billion patacas

Gelonghui May 21| Citigroup released a research report stating thatgarampoker, based on industry datagarampokerMacau's gambling receipts in the first 19 days of May may reach 13.4 billion patacas, meaning that the average daily gambling receipts in the past week were about 6.garampoker.86 billion patacas, a weekly high of about 19%. The bank believes that the improvement in average daily gambling revenue is mainly driven by tourists. Among them, May 15 is a public holiday in Hong Kong, and Macau recorded about 8%.garampoker.80,000 passengers. In addition, Mirror will also hold a concert in Macau from May 16 to 19, and the recent launch of new baccarat options Small 6/Big 6 by GEG and Sands China also helps. The bank mentioned that based on industry news, Macau VIP lounge gambling receipts increased by about 15 to 18% month-on-month, while mass market gambling receipts increased by 13 to 15% month-on-month, and the VIP lounge hold rate seemed to be slightly higher than normal. Taking into account the latest trends, the bank raised its betting income forecast for May this year from 20 billion to 20.5 billion patacas, or about 79% of the level for the same period in 2019, which means that the average daily betting income for the rest of the month is about 592 million patacas.

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