Citigroup: lowers Macau's September gambling revenue forecast to 19.5 billion Macau patacas

Citibank released a report stating that according to industry sources, Macau's gambling revenue for the first fourteen days of September reached 8.8 billion Macau patacas. This means that the average daily revenue from September 8th to 14th was approximately 6.21 billion Macau patacas, a decrease of about 2% from early September, but still an increase of about 8% compared to the same time last year. The bank believes that the growth rate of Macau's gambling revenue in recent weeks has slowed down, mainly due to a lackluster event schedule in Macau over the past week. The bank has adjusted its forecast for Macau's gambling revenue in September from 20 billion Macau patacas to 19.5 billion Macau patacas, which means the average daily revenue for the remaining days of this month will be approximately 6.69 billion Macau patacas.