Macau might be out of the rough now and looking to grow once again. That’s the sentiment of analysts, who expect the administrative region will see growth in May 2019, reports GGRAsia.

This analysis is based largely off of a winning start to the month. The Labour Day weekend saw a 37% increase in tourism year-on-year, and as a result, early reports indicate that gross gaming revenue (GGR) reached MOP5.5 billion (US$680.5 million), representing an average daily rate (ADR) of MOP1.1 billion (US$140 million), an increase of 40% compared to April, and 18% year-on-year.

Brokerage firm Sanford C. Bernstein Ltd. explained where they believe the increase came from:

“[The] ADR improved on a lengthened Labour Day holiday in China, bringing in higher Chinese traffic. VIP hold rate is estimated to have normalised from the higher hold rate [in the] last two months. Mass and VIP volume is estimated to be up double digits [in percentage terms] month-on-month.”