US EditionGov't's GGR revision a predictable move: CreditSights
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Gov't's GGR revision a predictable move: CreditSights
The decision by the Macau government to revise its 2025 gross gaming revenue (GGR) target downwards came as no surprise, pointed out CreditSights analysts in a recent note. A new official forecast out earlier this week trimmed the figure to MOP228 billion (US$28.22 billion) from MOP240 billion – given that the year-to-date trends had fallen short of initial projections. The monthly GGR has been running short of the initial target of MOP20 billio…
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