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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…