HomeNewsDaily Asia Gaming eBrief: Macau poised for double-digit GGR growth in June

Daily Asia Gaming eBrief: Macau poised for double-digit GGR growth in June

Good Morning. June is not typically the best month for GGR, and in Macau that’s particularly true given the hype around May’s Golden Week. But analysts at JP Morgan indicate that the month is surpassing expectations, poised to hit $2.43 billion in GGR, potentially the first double-digit growth to be seen in months. Looking to the world of iGaming, Curacao has announced that it is extending its provisional licenses as the LOK transition goes on, giving some space for operators to retool, rethink and level up.

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On the radar


AGB Intelligence

Cotai Strip,Macau

June GGR set to hit $2.43B: JP Morgan

Macau is working hard to break records. The latest investment memo from JP Morgan indicates that the typically slow June period is actually performing much better than expected, with the possibility for the first double-digit growth in GGR in months. If everything pans out, gaming revenue could hit $2.43 billion in what is normally a slower month (post Golden Week), supported in part by non-gaming entertainment options.


Corporate Spotlight

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AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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