News Snapshot:
Nov 03, 2020 Newsdesk Latest News , Macau , Top of the deck Macau’s casino gross gaming revenue (GGR) for 2021 might only reach MOP130 billion (US$16.28 billion), i.e., 44.5 percent of 2019′s MOP292.5 billion , as “harsh†economic conditions are likely to persist, and recovery from the Covid-19 pandemic will “take timeâ€, says the city’s government in its budget proposal for the fiscal year 2021. The city’s budget proposals are typically conservative when forecasting the community’s aggregate take from gambling operations in the following 12 months. The 2021 fiscal budget would – like retrospectively that of 2020 – be...
