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MGM - Slight improvement in Macau after record low revenue in June
MGM Resorts International
Bernstein forecasts Macau gross gaming revenue is down 91% so far this month as tight travel restrictions restrict traffic to the casino hub. Movement of people between Macau and Hong Kong is still subject ordinarily to a 14-day quarantine period in each direction and travel from Macau to Mainland China is also subject to a 14-day quarantine.
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