Macau Casinos Surprise Analysts as Mass Gamblers Spur Growth

Melco Resorts & Entertainment CEO Lawrence Ho discusses the gambling industry in the Asia-Pacific region.(Source: Bloomberg)
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Macau is beating analysts at their own game.

Casino revenue in the world’s largest gambling hub rocketedBloomberg Terminal past even the most bullish expectations in April, soaring 28 percent from a year earlier. The result was even more impressive as analysts had already revised their forecasts higher in the preceding weeks.