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Analysts expect gross gaming revenue to reach 82 per cent of pre-Covid-19 levels.
Macau.- Goldman Sachs has predicted that Macau’s gross gaming revenue (GGR) for 2024 will reach US$29bn. The figure would represent 82 per cent of pre-Covid-19 levels. Meanwhile, property earnings before interest, taxes, depreciation, and amortisation (EBITDA) is expected to be down 4 per cent quarter-on-quarter due to softer June GGR.
Analysts say GGR could rise by 14 per cent year-on-year in the second half of the year, resulting in a…