Sterne Agee has raised its estimate for October gross gaming revenue and expects an increase of 27 percent year-on-year to 35.2 billion patacas. The forecast is based on table-only GGR of 24.8 billion through to Oct. 20. Month-to-date SJM has the biggest market share at 26.4 percent, up from 25 percent in September, Galaxy rises to 20.9 percent from 19 percent, LVS stands at 18.9 percent, down from 22 percent and Melco Crown is stable at 14.1 percent.
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Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.
The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.