Macau’s Secretary for Economy and Finance to examine concessionaire diversification performance as GGR projections falls short
1 Articles
1 Articles
Macau’s Secretary for Economy and Finance to examine concessionaire diversification performance as GGR projections falls short
Macau’s Secretary for Economy and Finance, Tai Kin Ip, acknowledged in the Legislative Assembly on Wednesday that gross gaming revenue for the first quarter of 2025 had fallen short of the government’s expectations. As reported by IAG, GGR in Q1 reached MOP$57.65 billion, an increase of 0.6% over the same period in 2024 with average monthly revenue of MOP$19.2 billion. The government had been anticipating an average of MOP$20 billion per month. …
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