CLSA REVISES FORECAST FOR MACAU 2024 GGR; PROJECTS MOP$239.9 BILLION

CLSA, a leading brokerage firm, has updated its forecasts for Macau’s gross gaming revenue (GGR) for 2024, now projecting a 1.6 percent increase. The revised estimate suggests that GGR will reach MOP$239.9 billion ($29.8 billion) this year, fueled by heightened visitation and optimistic assumptions regarding GGR per visitor.Drivers of growth:This