month-on-month<\/a> and 29.7 per cent when compared to May 2023.<\/p>\n\n\n\nFitch has also adjusted its forecast for Malaysia’s GGR from 8 per cent to 2 per cent. Its forecast for 2025 has been adjusted upwards from 9 to 10 per cent. For Singapore, Fitch has lowered its growth forecast from 15 to 5 per cent for 2024 and from 4 to 3 per cent for 2025.<\/p>\n\n\n\n
Singapore’s casino market is shared between Resorts World Sentosa, operated by Genting Singapore and Marina Bay Sands, managed by Las Vegas Sands Corp. According to a recent regulatory-risk report, market GGR was SG$5.26bn (US$3.87bn) in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"
Analysts expect Macau’s casino gross gaming revenue for 2025 to reach 88 per cent of pre-pandemic levels.<\/p>\n","protected":false},"author":176,"featured_media":25493,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Fitch Ratings forecasts Macau's Gross Gaming Revenue (GGR) to reach 88% of pre-pandemic levels by 2025, projecting 28% year-on-year growth in 2024 and an additional 10% in 2025. Concurrently, Fitch has revised GGR growth forecasts for Malaysia downwards for 2024 but upwards for 2025, and significantly lowered projections for Singapore for both 2024 and 2025.","focusai_entities":"Fitch Ratings, Genting Singapore, Las Vegas Sands Corp","focusai_location":"Macau, Malaysia, Singapore","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), supplier_vendor (0.7), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Fitch Forecast Assumptions?","query":"What are the underlying assumptions driving Fitch's revised GGR forecasts for Singapore and Malaysia, particularly regarding tourism recovery and regulatory changes?"},{"label":"Capital Allocation Impact?","query":"How do these Macau GGR projections influence capital allocation strategies for integrated resort operators and their B2B partners in the broader APAC region?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777016826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777016826"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016826\/revisions"}],"predecessor-version":[{"id":777016839,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016826\/revisions\/777016839"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25493"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}