Macau Legislative Assembly Approves First Draft of 2025 Revised Budget with Lower GGR Estimations

Macau Legislative Assembly approves first draft of 2025 revised budget with lower GGR estimations

The Macau Legislative Assembly (AL) has unanimously approved the first draft of the government’s 2025 budget amendment bill, which proposes a decrease in budgeted revenue due to lower gross gaming revenue estimates. The post Macau Legislative Assembly approves first draft of 2025 revised budget with lower GGR estimations first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Morgan Stanley: Macau’s peninsula IRs could claim some GGR share from closure of SJM’s satellites

The integrated resort cluster located on the Macau peninsula could claim the gross gaming revenue share previously attributed to SJM’s satellite casinos when they close down at the end of the year, according to investment bank Morgan Stanley. As reported by IAG, all 11 of Macau’s satellite casinos will cease operations by the end of this year, although SJM – which is connected to nine of those 11 – has flagged the potential acquisition of Ponte …