Macau June GGR In Line With Negative Expectations; A Myriad of Noise in June

Research evidence excerpt

Macau June GGR In Line With Negative Expectations; A Myriad of Noise in June

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I, Jingjue Pei, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) and subject

company(ies). I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views

I, Ryan McGeary, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) and

subject company(ies). I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or

views expressed in this research report.

Registration of non-US analysts: Anne Ling is employed by Jefferies Hong Kong Limited, a non-US affiliate of Jefferies LLC and is not registered/qualified

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Registration of non-US analysts: Jingjue Pei is employed by Jefferies Hong Kong Limited, a non-US affiliate of Jefferies LLC and is not registered/qualified

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