Tag Archives: Instinet
China – Instinet predicts three year recovery for Macau’s casinos
Analysts at Instinet, owned by Nomura, believe Macau faces a three-year recovery to get back to where it was before the coronavirus outbreak with June 2020 GGR reset giving way to a gradual ramp up by mid-2023. It believes that the international recovery will ‘occur first in Macau’ but border restrictions between Macau and neighbouring…
