Macau casinos’ gross gaming revenue (GGR) chalked a 10.3 percent growth in July despite the headwinds it faced last month.

Data from Macau’s Gaming Inspection and Coordination Bureau showed that the city’s GGR rose to MOP25.33 billion (US$3.13 billion) year-on-year in July, marking two full years of consecutive growth. The latest figure also represented a 12.6 percent sequential increase from June’s MOP$22.49 billion (US$2.81 billion).

The July results brought Macau market’s GGR tally for the first seven months of 2018 to MOP175.54 billion (US$21.64 billion), up 17.5 percent from the prior-year period.

However, gaming analysts were somewhat divided over Macau casinos’ latest GGR tally. StreetAccount consensus for Macau GGR was at 9.8 percent while Bloomberg Hong Kong consensus placed it at 11.5 percent.