Based on our research and checks, we Estimate that the average daily revenue (ADR) in Macau was ~738 mn MOP during the period of Aug 1-13, up 25% year-over-year. The growth trajectory is similar to that of last week. We estimate that VIP and mass segment grew ~35% and 6% year-over-year in August respectively. VIP rolling at Sun City remains extremely robust at 44% yoy MTD, excluding luck factor. We estimate that for the entire month of Aug, overall GGR should be up ~21% yoy. ...(continued)
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