Início » Goldman Sachs Report: Macau revenue decline can be narrowed

Goldman Sachs Report: Macau revenue decline can be narrowed

Zhuhai will relax the 14-day quarantine rule for those entering Guangdong through Macau from today.

Entrants with a green health code status can enter nine Greater Bay Area cities, said Goldman Sachs in a report released yesterday.

According to Goldman Sachs, this will be the first step of Macau’s gradual removal of quarantine measures. The broker expected Macau’s 3Q20 GGR slide to narrow to 60% YoY, aside a 6% GGR growth in 4Q. The 2020E GGR could slip by 53%.

Contact Us

Generalist media, focusing on the relationship between Portuguese-speaking countries and China.

Plataforma Studio

Newsletter

Subscribe Plataforma Newsletter to keep up with everything!