11/13/20 Macau: “VIP business remains challenged” Operators saw a small recovery in October but mainly in the premium mass segment.
11/11/20 Macau gaming revenues recover in October The DICJ said the year-on-year fall on gross gaming revenues was only 72.5 per cent, the lowest drop in the last six months.
11/03/20 Macau forecasts 2021 GGR at 45% of 2019 levels According to authorities, gross gaming revenues next year will remain lower than 2019 numbers as the economic crisis persists.
10/20/20 Macau gaming taxes collection plummets In the last nine months, Macau collected about US$2.93 billion on direct taxes of gambling activities.
10/09/20 Macau GGR down 76% during Golden Week Revenue increased 279 per cent month-on-month but remained low compared to pre-pandemic levels.
10/01/20 Macau GGR down less than 90% in September Gaming analysts expect it will be the first time since March that GGR has fallen less than 90 per cent year-on-year.
09/25/20 PAGCOR fee revenue down almost 50% State revenue from regulatory fees paid by POGOs is only half what it was before Covid-19.
09/22/20 Macau GGR “disappointing” analysts say According to a report from Sanford C. Bernstein, gross gaming revenue is not rising as expected despite the increase in visitors.
09/22/20 PAGCOR: GGR drops to US$49m in Q2 Tax income from POGOs is also expected to drop as operators leave the Philippines.
09/16/20 Macau second half revenues “unpredictable” Chief Executive Ho Iat Seng expects a small increase in revenues before Golden Week, but said revenue for H2 is impossible to predict.
09/16/20 Macau recovery still below expectations The pace of Macau’s recovery remains slower than that seen in such as Australia, South Korea or US territories.
09/08/20 Macau: September GGR to double August’s Analysts say early September numbers nearly double casinos’ average daily GGR rate for August.
09/08/20 Macau: slow recovery could pick up in Golden Week Analysts expect Golden Week in October to boost visitor numbers.
09/01/20 Macau GGR down 94.5% in August Gross gaming revenues is down by more than 90 per cent year-on-year for a fifth consecutive month.
07/22/20 Macau EBITDA “should break even in Q3” Morgan Stanley has lowered the expectations for GGR recovery this year but believes casinos should break even in Q3.
