News Snapshot:
Nov 09, 2020 Newsdesk Latest News , Macau , Top of the deck Macau’s Secretary for Economy and Finance, Lei Wai Nong (pictured main row, centre), said on Friday that average daily revenue (ADR) in Macau casinos could reach MOP350 million (US$43.8 million) in 2021, if travel ties with Hong Kong are eased by mid-next year. Such assumption was part of the consideration when preparing the budget for fiscal-year 2021, said the official. Macau’s casino gross gaming revenue (GGR) for 2021 might only reach MOP130 billion , 44.5 percent of 2019′s MOP292.5 billion, as “harsh†economic conditions are likely to...
