Wells Fargo’s Carlo Santarelli says Macau casinos could achieve a new gross gaming record in May. “Given the holiday and our sense of continued junket liquidity health, we would expect May to again break the monthly gross gaming revenue record,” Wells Fargo securities gaming analyst Carlo Santarelli said. In April, for a third consecutive month, casinos in Macau set a new record for monthly gross gaming revenue. With a gross revenue of MOP20.5 billion (US$2.56 billion), April’s take by Macau’s casinos eclipsed the record set in March, according to data from the Gaming Inspection and Coordination Bureau.
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