Seaport Research Partners projects that Macau's gross gaming revenue will decline by 6.1% year-on-year in November, potentially extending the market's downturn to six consecutive months. The negative outlook is attributed to persistent weak demand affecting the region. This follows official October data showing a 10% year-on-year drop in gaming revenue to MOP$21.7 billion.
Summary based on reporting by Yogonet, which retains all rights to its text and images.
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Prediction market platform Kalshi has secured a $40 billion valuation following a $1 billion Series G funding round. The investment tests investor confidence as the company faces mounting legal and regulatory challenges across the United States regarding its sports event contracts.
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