Macau GGR now seen hitting US$31.8 billion as Jefferies again upgrades 2025 revenue forecast
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Macau GGR now seen hitting US$31.8 billion as Jefferies again upgrades 2025 revenue forecast
Investment bank Jefferies has again upgraded its Macau GGR forecast for 2025, with analysts now expecting gaming revenues to reach MOP$248 billion (US$31.8 billion) – revised upwards from its previous forecast of MOP$237 billion (US$29.3 billion). In a note, Jefferies said its forecast was at the high end of market estimates and higher than government estimates, with its bullishness based on Macau’s rich line-up of high-profile concerts and even…
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