he city’s VIP gaming revenue was 19 percent lower last month than a year earlier.
The research house thinks VIP gaming revenue is unlikely to improve this year.
In other economic news, deposits by non-residents in Macau banks amounted to US$ 28.31 billion at the end of July, 6.7 percent more than a month earlier, official data show. The Monetary Authority of Macau says deposits in banks by residents rose by 1.2 percent. Deposits by the public sector grew by 2.3 percent.
Domestic lending to the private sector grew by 2.5 percent. Loans to residents as a proportion of deposits by residents rose by 1 percentage point to 55.9 percent. All loans as a proportion of all deposits grew by 0.5 percentage point to 82.3 percent.