February 27, 2023 3:08 PM
Macau’s Chief Executive, Ho Iat Seng, said Friday he is confident that gross gaming revenue would reach MOP$130 billion (US$16 billion) this year. He also pointed out that he would not comment on the accuracy of investment banks’ assessment of gambling revenue.
Speaking with media after attending an event on Friday afternoon, Ho was asked, “The GGR in January exceeded MOP$10 billion (US$1.25 billion) billion), but some investment banks have analyzed that the revenue in February may not reach MOP$10 billion, so will the GGR reach MOP$130 billion this year?”
He responded by saying, “This year’s GGR of MOP$130 billion is our target and we are confident that we can reach this target.”