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Online News For Geoglobal Resources

PwC: South Africa GGR to grow $2.45B in 2021

PricewaterhouseCooper’s gaming report showed that South Africa’s gross gambling revenue is expected to grow by 5.1 percent by 2021. From R27 billlion (US$1.89 billion) in 2016, the auditing firm said in its sixth annual edition of the Gambling Outlook ...

Macau | GGR for November forecast between 18-20 per cent - Bernstein

Macau (MNA) – A slowdown in the second half of November would set gross gaming revenue (GGR) at between 18 and 20 per cent growth, according to insights by research firm Bernstein released today. The report indicates that ‘the upcoming Macau Grand Prix ...

Macau | Morgan Stanley forecasts local GGR at US$53 bln by 2022

Macau (MNA) – A report by Morgan Stanley forecasts gross gaming revenue (GGR) in the city could reach US$53 billion in 2022 if the renewal of casinos licenses is not affected by a a one-time payment or increase in tax. The research published on Monday is ...

Japan casinos could generate up to US$20bln GGR: panel

A Japanese casino market could potentially generate annual gross gaming revenues (GGR) of up to US$20 billion – assuming that a total of nine casino resorts are allowed to be built in different locations, suggested Takayoshi Koike, a former investment ...

Macau November GGR to expand at least 12pct: analysts

Macau casino gross gaming revenue (GGR) for November is on track to expand by between 12 percent and 15 percent year-on-year, suggested a Monday note from brokerage Sanford C. Bernstein Ltd. “Macau’s GGR month-to-date (November 1 to 5) was ...

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