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Industry
March 7, 2024
IMF: Macau Economy to Return to Pre-Pandemic Levels in 2025
The International Monetary Fund (IMF) has published its outlook for Macau, projecting further recovery of its casino sector and overall economy. Gambling in the special administrative region was affected negatively by the COVID-19 pandemic and China’s Zero-COVID policy but is now on a firm path to recovery. According to the IMF, the recovering GGR will […]
Casino
July 22, 2022
IMF Issues a Report on Singapore, Praises the Country’s Recovery
The International Monetary Fund has released a Singapore report in which it praised the approach that the city-state had to the pandemic. The document was released on Thursday, just a day after Marina Bay Sands released its Q2 results, which reported that the company’s net revenue increased by 107.6%. The Economy Has Recovered Impressively, the […]
Casino
April 14, 2022
IMF Cautions Macau about Long-Term Growth as Gaming Faces Regulation
Macau has been shifting away from what is discovered to be an overreliance on its gaming industry. The realization was reinforced during the pandemic with casino properties and parlors remaining idle and officials rolling up their sleeves to tidy up the industry from its often unhealthy relationship with junket operators. IMF Sees Macau as Too […]
