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In a research note published on Sunday, Morgan Stanley Group suggests Macau’s January casino gross gaming revenue (GGR) could be around $7.75 billion ($962.6 million), or at least 31% of the same month under pre-pandemic trading conditions in 2019. The analysis is based on the agency’s daily GGR estimates for the first 15 days of January.

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An important caveat is that in 2019, China’s Lunar New Year holiday was in early […]