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Jefferies projects strong revenue recovery amid economic optimism

Gaming analysts are reporting an improving economic outlook for the region as the local government has announced its expectations of a higher gross gaming revenue (GGR) next year. According to David Katz, a Jefferies Equity Research analyst, the casi


  • Nov 21 2024
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Jefferies projects strong revenue recovery amid economic optimism
Jefferies projects strong revenue recovery amid economic optimism

In a speech delivered at the Legislative Assembly, Ho expressed confidence in the region’s gaming sector, stating, “This is a conservative estimate, and I believe we can achieve our target.”

In previous discussions in the AL, Ho emphasized the importance of maintaining gaming revenue at 40% of GDP while diversifying the economy through the “1+4” industries, which include tourism, trade, and technology.

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