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Macau Chief Executive Ho Iat Seng says 2024 GGR forecast “conservative” during final policy address

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10Hours ago

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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