Macau to Reach ‘Inflection Point’ with 6pct Growth in 2H Gaming Revenue: Citigroup
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Macau to reach ‘inflection point’ with 6pct growth in 2H gaming revenue: Citigroup
Macau’s gaming industry may be approaching a critical turning point, according to investment bank Citigroup, which forecasts a 6 percent year-on-year increase in gross gaming revenue in the second half of 2025 following a solid performance in the second quarter. Citigroup presented its more bullish outlook for Macau’s casino sector—compared to some of its peers and the local government—in a research note published on Wednesday. After a subdued s…
Citi: Macau to deliver 6% year-on-year growth for remainder of 2025 as recent GGR strength shows inflection point has arrived
Two consecutive months of higher gaming revenues than anticipated and a strong start to June likely indicate that Macau is reaching a permanent inflection point, with Citigroup forecasting year-on-year growth of 6% for the second half of 2025. In a Wednesday note, Citi’s George Choi and Timothy Chau said improved GGR performance and stable spend per visitor to Macau suggests players remain passionate about gaming and that the trade conflict bet…
Macau surges in global MICE rankings with record-breaking growth in 2024
Macau is leaping up the rankings in regards to MICE, as it aims to attract more non-gaming events. The post Macau surges in global MICE rankings with record-breaking growth in 2024 first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
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