Glonghui, January 2 | According to a research report published by UBS, Macau's gaming revenue in December was MOP 18.6 billion, up 4.3 times year-on-year, and about 16% month-on-month, or about 16%, or the average daily revenue was MOP 599 million, reaching about 81% of the level in the same month of 2019, which is better than market expectations. The bank believes that revenue growth may be driven by an increase in the number of visitors in December, with an average of 95,000 daily visits, an increase of 11% month-on-month, to 96% of 2019 levels. However, during the holiday period, there was a slight decrease in the number of visitors from the Mainland. The average number of daily visitors increased by about 8% compared to the previous month, reaching about 94% of 2019 levels. Assuming that midfielders account for 85 to 90% of total gaming revenue, the bank expects midfield revenue and visitor numbers to remain basically flat from month to month, reaching 115 to 125% of 2019 levels. The bank mentioned that the number of mainland tour groups continued to recover in November. The number of visitors to Australia was about 190,000, an increase of about 20% month-on-month, equivalent to about 7% of the total number of visitors in November, compared to about 13% in 2019. The bank estimates that the basic customer base structure will be roughly the same in December, and per capita consumption will remain flat, but this will be offset by an increase in the Hong Kong tourist mix. The bank remains optimistic about the gaming industry, preferring GEG and MGM China.