Fitch raises Macau GGR growth forecast for 2018
Apr01

Fitch raises Macau GGR growth forecast for 2018

Macau could see a 13% growth in market-wide gross gaming revenue (GGR) in 2018, propelled by increased gaming and hotel room inventory from some of the city’s Cotai casino resorts that are “largely geared” towards the premium mass segment, suggests a report from Fitch Ratings Inc. The ratings agency revised up its forecast for Macau GGR growth in 2018, from a previous estimate of 11% growth announced earlier this month. “We adjusted...

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