“We anticipate its 2024 mass GGR will be 5 percent to 15 percent stronger than in 2019,” it added in a note covering U.S.-based casino operator Wynn Resorts Ltd, and its subsidiary Wynn Macau Ltd. “We now expect the region’s fourth-quarter mass GGR will be equal to its levels in the fourth quarter of 2019,” said the ratings agency. The city’s market-wide mass GGR “is recovering faster” than the ratings institution had forecast, added the memo.
S&P Global Ratings expects Macau’s mass gross gaming revenue (GGR) in the fourth quarter this year to be “equal to… fourth quarter of 2019,” the last trading year before the onset of the Covid-19 pandemic. Newsdesk Latest News, Macau, Top of the deck
Macau 2024 mass GGR might be up 15pct from 2019: S&P
