Nov 01, 2018 Newsdesk Latest News, Macau, Top of the deck  
Casino gross gaming revenue (GGR) in Macau rose by 2.6 percent year-on-year in October, to nearly MOP27.33 billion (US$3.38 billion), according to data released on Thursday by the city’s gaming regulator, the Gaming Inspection and Coordination Bureau.
It is the highest monthly tally since October 2014, when casino GGR in Macau stood at MOP28.03 billion.
Several investment analysts had a week earlier predicted October GGR would be at a similar level or slightly above 2017’s October tally, which had been a year high.
The latest monthly GGR result meant the Macau market’s tally for the first 10 months of 2018 stood at approximately MOP251.38 billion, up 14.3 percent from the prior-year period, according to the official data.
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Malaysia’s political leader, Prime Minister Anwar Ibrahim, described on Thursday as “a lie” and “not true” a Bloomberg report that the Malaysian government was mulling a second casino for...(Click here for more)
"The travel demand for May Golden Week looks solid to us, which means good foot traffic in Macau"
Jeffrey Kiang
Analyst at brokerage CLSA