Industry
March 7, 2024
IMF: Macau Economy to Return to Pre-Pandemic Levels in 2025
The International Monetary Fund (IMF) has published its outlook for Macau, projecting further recovery of its casino sector and overall economy. Gambling in the special administrative region was affected negatively by the COVID-19 pandemic and China’s Zero-COVID policy but is now on a firm path to recovery. According to the IMF, the recovering GGR will […]
Casino
June 14, 2020
The US Gaming Industry Will Need a Few Years to Recover, Says Fitch Ratings
A report by Fitch outlines a difficult recovery for the US casino industry. The report marks 2023 as the year when the operators will have recovered from the COVID-19 impact. Credit Company Fitch Draws a U-Shaped Recovery Forecast for US Casino Operators Fitch Ratings, the leading provider of credit ratings, released a report entitled “US […]
Casino
May 28, 2020
Japan Bidding on Integrated Resorts for Economic Recovery
With the global coronavirus pandemic disrupting communications between overseas investors and local companies, the bidding for the Integrated Resorts project has become more difficult. Yet, Japan sees the successful completion of the first IR as a stepping-stone for the country’s economic recovery post COVID-19. Japan’s Recovery Depends on Integrated Resorts With the Summer Olympics postponed […]