Industry analysts are predicting a much stronger August for Macau’s casino operators than the more subdued June and July, although concerns over the impact of recent crackdowns on money exchange activities remain an ongoing threat.

Macau’s Gaming Inspection and Coordination Bureau (DICJ) reported industry-wide GGR of MOP$18.6 billion (US$2.31 billion) in July, 5.1% higher than in June although coming in below consensus and below the historical sequential increase.

It was also the second lowest monthly GGR result of the year after June, when gaming revenue was MOP$17.7 billion (US$2.20 billion).

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