Wells Fargo: Macau gaming revenue trending 6% lower MTD

Estimates from Wells Fargo indicate gaming revenue in Macau for the first week of July was 6% lower than the level from a year ago.

The mark is better than the 10% drop that Wells forecast previously.

Though execs with casino operators (MPEL, GXYEF) have blamed the distraction of the World Cup for the softer June/July gaming numbers, there's been some concern on traffic trends from the Mainland.

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