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<Research>Citi Lifts MO Oct GGR Forecast to MOP23.5B
Recommend 19 Positive 25 Negative 23 |
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Macau's GGR for the first 26 days of October may have reached around MOP20.4 billion, implying that it averaged about MOP793 million per day last week (October 20-26), Citi wrote in its research report, citing industry sources. Assuming that the daily average GGR for the remainder of this month will be about MOP620 million, Citi raised its forecast for Macau's October GGR from MOP22.5 billion to MOP23.5 billion, about 89% of the level seen in October 2019, marking a YoY growth of 13%. AAStocks Financial News |
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