International edition
September 22, 2020

According to Fitch Ratings

Macau revenue to grow 12 percent next year

(Macau).- Fitch Ratings expects Macau gaming revenue to grow by 12 percent next year, the highest forecast for any major Asia-Pacific gaming destination. The ratings agency says it expects Macau’s gaming companies to maintain their credit profiles, underpinned by strong free cash flow.

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ut the development of casino resorts elsewhere in Asia could threaten revenues at companies that focus on Macau. “The broader Southeast Asian market is deep enough to absorb some additional market capacity without a significant negative impact,” representatives of Fitch said. 

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