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The Call @ Hedgeye | March 28, 2024

Now that China’s Golden Week holiday has come and gone, it makes sense that gaming table revenues have dropped off in Macau. Still, revenues are above normal, up +20% year-over-year. Our Gaming, Leisure and Lodging team expects 3-9% gross gaming revenue growth for the full month of October; comps will be difficult as well considering that revenue was up +42% in October 2011 over October 2010. 

MACAU: Accelerating Growth - gg