During the throes of the coronavirus pandemic, casino operators in Macau incurred significant amounts of new debt in order to persevere. Despite this, Morgan Stanley has expressed optimism, predicting that the six licensed operators will succeed in notably reducing their financial obligations over the upcoming years.
Analysts from Morgan Stanley forecast that gaming companies in Macaus special administrative region (SAR) will manage to make substantial strides in reducing their outstanding debts in the next three years. This could feasibly bring their debt figures back to pre-coronavirus pandemic levels by 2027.
Morgan Stanleys report mentioned, The pace of deleveraging could increase fr…
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