
Is the surge in Macau's gambling revenue an illusion? CBRE warns: It all depends on the "blood transfusion" from the Chinese economy to survive.
Macau's gaming industry experienced a strong rebound in June, with gross gaming revenue (GGR) increasing by 19% year-over-year to 21.06 billion Macau patacas (approximately 2.61 billion US dollars), far exceeding market expectations. However, US investment firm CBRE Capital Advisors threw cold water