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<Research>Citi Continues to Favor MO Gaming Sector, Expects 6% YoY Growth in 2H25 GGR
Recommend 33 Positive 51 Negative 18 |
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Macau's GGR for June amounted to MOP21.064 billion, implying an average daily GGR of MOP702 million, up 19% YoY, beating both the expectations of Citi Research and the market, Citi Research issued a research report saying. Macau's total GGR for 1H25 was MOP118.772 billion, up 4% YoY. Despite geopolitical tensions and economic uncertainties, players remained enthusiastic about gaming, Citi Research added. The broker continued to be optimistic about the Macau gaming industry, and expected the growth momentum in GGR to persist in 2H25, with an anticipated YoY growth of 6%. AASTOCKS Financial News Website: www.aastocks.com |
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