Melco Resorts downgraded on soft Macau gaming revenue, tariff's impact on travel
With gross gaming revenue (“GGR”) disappointing, and U.S. trade policy potentially impacting travel to the Chinese-controlled island, Citigroup analyst George Choi has turned more cautious towards ...
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Citigroup more than halves Macau 2025 GGR growth forecast amid ‘disappointing’ CNY and U.S. tariffs on China
Citigroup has slashed its 2025 growth forecast for Macau casino gross gaming revenue (GGR), citing as factors “disappointing” Chinese New Year (CNY) Golden Week gambling volume, and the implementation ...