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Macau's June gaming revenue up 52 pct

4 July 2011

MACAO -- Macau reported a 52.4 percent rise in gaming revenue for June, Reuters reported.

The increase in revenue was attributed to Chinese tourists, the report said.

Investors remain optimistic about Macau's economic outlook, however there are some longer term concerns that the Macau government may not renew current casino licenses when they expire around 2020/22, Reuters noted.

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