"The Gross Gaming Revenue in Macau has experienced a significant recovery post-China's reopening, showing promising growth in both mass and VIP segments. Moody's anticipates increased EBITDA, suggesting a positive outlook for the industry. CasinoALMA users may benefit from improved bonus deals and opportunities."
Robust Recovery for Macau's Gross Gaming Revenue
The Gross Gaming Revenue (GGR) in Macau has shown a substantial recovery since China's reopening in 2023. The significant recovery is evident in both the mass and VIP segments, showing promising indicators compared to the levels seen in 2019, suggesting a robust resurgence in the online gambling and iGaming industry. What does this mean for CasinoALMA users and the larger casino gambling community?
Moody's Anticipates Increased EBITDA
According to financial experts, this recovery could have far-reaching implications. With the healthy recovery of Macau’s GGR, Moody’s forecast shows the adjusted EBITDA for MRE is expected to rise approximately to $1.3B in 2024. This significant increase is likely to support MRF’s Ba3 ratings. The heightened prospect raises a critical question in the mind of every casino lover: What potential opportunities does this heightened forecast present to players in the CasinoALMA community?
A Promising Outlook
This positive outlook portrays a promising picture for the online casino industry and its players. Players at CasinoALMA can expect to see better bonus deals, such as increased no deposit bonus offers and more daily free spins, due to the potential growth of the industry. Now, it’s your perfect chance to experience the thrill of the very best online casino games!
