Macau Gaming Revenue Beats Estimate on Premium Player Enthusiasm

Macau’s gaming revenue rose 14.4% in November, exceeding analysts’ expectation as the world’s biggest gambling hub continues to draw big bettors with perks and events.

Gross gaming revenue reached 21.088 billion patacas ($2.6 billion) for the month, according to data released by the Gaming Inspection and Coordination Bureau on Monday. The result was better than the median analyst estimate of a 10.5% year-on-year increase, and has returned to 92% of the pre-pandemic level in 2019.