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Gambling numbers in Macau were on the rise again in July 2018, as the jurisdiction's gaming regulator revealed that revenues for the world's largest gambling market were up 10.3% for the month.
The results show two full years of consecutive gains in revenues for Macau after slowing for two years after Chinese crackdowns on corruption as well as a slowing economy. The Macau Gaming Inspection and Coordination Bureau revealed that revenues were up to 25.3 billion patacas, which fell in line with analyst expectations of 5-13% growth.
VIP numbers were lower but were moderated by more middle-class play as well as wagers on the FIFA World Cup.
Revenues have been strong in the former Portuguese colony, and with more properties set to open as well as a continued focus on the large Chinese middle class.
No comment from the country's regulator was available as of press time.