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University of Macau Gaming Institute Expects High Uncertainty for 2Q GGR; Full-Yr Breakthrough of MOP240B Poses Challenge
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Macau's Gaming Inspection and Coordination Bureau (DICJ) announced yesterday (1st) that the GGR for 1Q25 whopped MOP57.657 billion, up 0.6% YoY, according to the Macao Daily News. Davis Fong, Director of the Institute for the Study of Commercial Gaming at the University of Macau, commented that the 1Q25 GGR fell short of expectations. He noted that 2Q25 will be affected by external factors, introducing great uncertainties to GGR, though a recovery is envisioned in 2H25. He added that achieving an annual GGR of MOP230 billion should not be difficult, but surpassing MOP240 billion poses a considerable challenge. Looking ahead to 2Q25, the outlook is primarily influenced by external political and economic factors, particularly U.S. President Donald Trump’s announcement of a global tariff plan slated for April 2 local time. This, combined with potential retaliatory measures from various regions, is likely to wreak uncertainties for global trade and economies. As the world’s largest exporter, China will require time to assess the impact of rising global trade barriers. Consequently, 2Q25 will be a period of digestion and observation of these external uncertainties, bringing instability to Macau’s GGR, Fong opined. AAStocks Financial News |
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