Gaming: Macau's Nov gambling revenue surged 42% yoy to MOP17.4b (US$2.2b), exceeding analysts' expectations despite falling short of the record high set just last month.
While gaming activity was partially boosted by the Grand Prix weekend, the data may also be reflective of a broader pick up in betting volume, intensity as well, driven by mainland tourists…
If so, this could drive similar gaming trends in Spore, Philippines. Key benficiaries the usual suspects, Genting SP (+1% at $2.05 ), Genting HK (+1.2% at $0.435 ).
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