Macau’s gross gambling revenue declined for a sixth straight month in November, dropping 19.6 per cent to US3.04bn, according to figures from the Macau gambling regulator.

Sterne Agee said in a note that it was again cutting its full-year forecast following the data for a decline of minus two per cent from minus one per cent previously. The firm expected GGR in December to drop between 23 and 28 per cent.