{"id":777022316,"date":"2025-01-24T10:10:29","date_gmt":"2025-01-24T13:10:29","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777022316"},"modified":"2026-04-22T02:26:20","modified_gmt":"2026-04-22T05:26:20","slug":"creditsights-expects-macau-to-surpass-2025-ggr-target","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/creditsights-expects-macau-to-surpass-2025-ggr-target","title":{"rendered":"CreditSights expects Macau to surpass 2025 GGR target"},"content":{"rendered":"\n

Analysts expect Macau\u2019s GGR to rise by 8 per cent year-on-year.<\/p>\n\n\n\n\n\n\n\n

Macau.- CreditSights, a division of the Fitch Group, has predicted that Macau gross gaming revenue (GGR) will reach around MOP245bn (US$30.5bn) <\/strong>this year. That would beat the government’s forecast of MOP240bn<\/a> and would represent 84 per cent of 2019 levels and an 8 per cent rise year-over-year.<\/p>\n\n\n\n

Analysts Nicholas Chen, David Bussey and Zerlina Zeng predicted that hotel occupancy could improve this year due to the completion of casino renovations and room conversions. They expect visitor numbers to reach about 94 per cent of the levels seen in 2019 and GGR per visitor to rise by 2 per cent year-on-year from MOP6,493 to MOP6,606.<\/p>\n\n\n\n

Analysts pointed out that Macau’s casino operators could face challenges due to China’s slowing economic growth and weak domestic spending. However, they said Macau’s gaming sector could benefit from the easing of travel restrictions, more cities being added to the Individual Visit Scheme (IVS), ongoing renovations and upgrades to casinos, improvements in room and entertainment options and a boost in consumer confidence from recent measures by Chinese authorities.<\/p>\n\n\n\n

GGR in 2024<\/a> was MOP226.78bn (US$28.39bn), up 23.8 per cent\u00a0year-on-year.\u00a0However, the figure was down 22.45 per cent compared to 2019 levels, when GGR reached MOP292.45bn (US$36.7bn). Visitor numbers reached 34.9 million.<\/p>\n\n\n\n

See also: <\/strong>Macau hotel occupancy rate reached 86.4% in 2024<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Analysts expect Macau\u2019s GGR to rise by 8 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":32940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"CreditSights, a division of the Fitch Group, forecasts Macau's Gross Gaming Revenue (GGR) to reach MOP245bn (US$30.5bn) this year, surpassing the government's MOP240bn projection and representing an 8% year-on-year increase. This growth is attributed to easing travel restrictions, IVS expansion, and casino upgrades, despite potential headwinds from China's economic slowdown. The forecast indicates GGR will achieve 84% of 2019 levels, with visitor numbers reaching 94% of pre-pandemic figures.","focusai_entities":"CreditSights, Fitch Group, Nicholas Chen, David Bussey, Zerlina Zeng","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Growth Drivers?","query":"What specific policy changes or infrastructure developments are CreditSights' analysts weighting most heavily in their GGR growth forecast, particularly concerning the Individual Visit Scheme expansion and casino renovations?"},{"label":"Economic Headwinds Impact?","query":"How might a more pronounced slowdown in China's domestic spending or further tightening of capital outflow controls impact Macau's GGR trajectory, potentially deviating from CreditSights' current projections?"}],"footnotes":""},"categories":[16338,163],"tags":[23907,23906],"class_list":["post-777022316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022316","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=777022316"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022316\/revisions"}],"predecessor-version":[{"id":777022334,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022316\/revisions\/777022334"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/32940"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777022316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777022316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777022316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}