O otimismo chegou em agosto 25... (Gaming expert projects Macau visitor numbers to surpass 2019 historic peak of 39M by year-end)
ag25 Macau’s casino sector is poised for sustained growth through early 2026, with rising gaming revenues, robust mass-market demand, and an undervalued stock landscape creating what J.P. Morgan calls a “long-legged” recovery. In a recent report the investment bank upgraded industry forecasts for the third time in three months, now projecting gross gaming revenue (GGR) to climb 13 percent year-on-year in the second half of 2025 — a sharp acceleration from the 4 percent growth seen in the first half. EBITDA of the city’s gaming concessionaires is expected to rise 12 percent in the third quarter and 16 percent in the fourth, outpacing market consensus by about 10 percent. While China’s broader economy has shown weak consumer trends, the report argues Macau is benefiting from a wealth-driven, high-end clientele. Gains in equities, cryptocurrencies, and luxury spending have lifted sentiment, aided by the renminbi’s 4 percent appreciation since April. Hong Kong’s liquidity boom, marked...