Macau Chief Executive Ho Iat Seng says 2024 GGR forecast “conservative” during final policy address
Regulation · 2024-11-20
Macau Chief Executive Ho Iat Seng says 2024 GGR forecast “conservative” during final policy address
Macau’s chief executive, Ho Iat Seng, said Tuesday that gross gaming revenue could reach MOP$228 billion (US$28.4 billion) this year at a monthly average of MOP$19 billion (US$2.37 billion) based on current progress. He also revealed that a recent government forecast that 2025 GGR would reach around MOP$240 billion (US$29.9 billion) – between 5% and 6% % higher than this year – was based on the 2024 estimate.
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