Macau casino indicator bounces along bottom

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Macau casino revenue growth picked up on a year-on-year basis in November.

Gross revenue increased 7.9% yoy to MOP24,822 million, up from +3.2% yoy growth in October. On a month-on-month basis, revenue fell from record high in October according to Gaming Inspection and Coordination Bureau of Macau.

Although growth rate picked up somewhat, it has only been stabilising at low level compared to the double digit growth saw in the previous years.

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