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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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    , contributor
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    Thank you for the generational buying opportunity.
    9 Jul, 08:31 AM Reply Like
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