Brokerages estimate that gross gaming revenue in Macau is likely to grow 22 percent in August.
A new report revealed that the Philippines’ gross gaming revenue is set to grew 26 percent year-on-year.
The gaming hub will likely experience a 16 percent increase in GGR during the second quarter of the year.
Gross gaming revenue in Macau went up by 16.3 percent year yo year to US$2.5 billion and caused casinos’ stock to rise as well.
After experiencing a dramatic fall in casino revenues in February, Mississippi recovered with a year-on-year 7.1 percent growth.
Gross Gaming Revenue (GGR) in Macau was lower than expected during the first week of April according to a note Bernstein released on Monday.