Automotive, Consumer Staples, Consumer Discretionary Jul 20, 2021 08:57 PM (GMT+8) · EqualOcean
According to the survey of JPMorgan Chase, the tourism demand of Macao began to pick up. "Our survey shows that the summer holidays are very enjoyable and the feedback from visitors' inquiries and booking levels is encouraging," the bank said The bank expects total gaming revenue to return to continuous growth in July, up 30 per cent from the gross gaming revenue (GGR) level in June, and then to a post epidemic high in August. The tourism "bubble" between Macao, Hong Kong and Guangdong is likely to start before September. This positive trend is expected to let consumers return to gambling and entertainment places before the golden week from October 1 to 7.
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