7/2/2010

Gross gambling revenue in Macau rose 65% in June on a year-over-year basis but dropped 20% from a record high in May. June revenue totaled $1.7 billion, and the drop in casino revenue could be a result of betting on the World Cup. "We believe July [will] see a similar temporary softness in VIP gaming as the World Cup approaches its final stages," said Deutsche Bank analyst Karen Tang.

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