Gaming revenues at MOP12.8b: JP Morgan

Data from investment bank JP Morgan shows that gaming revenues totaled 12.75 billion patacas in the first 21 days of July. The bank continues to uphold its monthly projection of 18.5 billion patacas. This indicates that the daily execution rate in the third week of July remained consistent at 635 million patacas, significantly surpassing the 550 million patacas recorded in the first week of the month. Following the lowest revenue month of the year in June, with earnings of 17.6 billion patacas, the gaming market is experiencing moderate – though not exceptional – demand in July.