{"id":12614,"date":"2020-12-10T21:47:50","date_gmt":"2020-12-10T21:47:50","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=12614"},"modified":"2026-04-23T23:17:20","modified_gmt":"2026-04-24T02:17:20","slug":"which-macau-operator-performed-best-in-2020","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/which-macau-operator-performed-best-in-2020","title":{"rendered":"Which Macau operator performed best in 2020?"},"content":{"rendered":"\n<p>After leading the pack for several years, Sands China and Galaxy Entertainment were displaced in the first three quarters.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- In the first nine months of 2020, Melco Resorts was the best performing operator in Macau in terms of revenue.<\/p>\n\n\n\n<p>During a period that was heavily impacted by an unprecedented lack of business due to the Covid-19 pandemic, Melco overtook Sands China and Galaxy Entertainment Group, who have occupied the top spot for several years.<\/p>\n\n\n\n<p>Aided mostly by its City of Dreams resort, the operator took a 24.6 per cent share of all gaming revenue in the first three quarters.<\/p>\n\n\n\n<p>City of Dreams also came out on top among the 41 local casinos, generating MOP6.4bn (US$801.5m). It was followed by Galaxy Macau at MOP5bn and The Venetian at MOP2.8bn.<\/p>\n\n\n\n<p><strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/melco-sees-marginally-positive-ebitda-in-october\" target=\"_blank\">Melco<\/a><\/em><\/strong> was followed by Sands China with a 19.5 per cent share of revenue, according to a report from Tribuna de Macau that cited Sanford C. Bernstein and Deutsche Bank.<\/p>\n\n\n\n<p>Galaxy Entertainment Group came third, with 18.8 per cent, followed by SJM Holdings (16 per cent), Wynn Macau (12.5 per cent), and MGM (8.6 per cent).<\/p>\n\n\n\n<p>Melco also took first place with VIP revenues, accounting for 35.8 per cent of the sector in the first three quarters. Sands China was number one in terms of mass-market gaming revenue, with a 24.7 per cent share.<\/p>\n\n\n\n<p>As a whole, Macau casinos generated MOP38.6bn (US$4.8bn) in gross gaming revenues in the first nine months of 2020, down 82 per cent from the same period last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After leading the pack for several years, Sands China and Galaxy Entertainment were displaced in the first three quarters.<\/p>\n","protected":false},"author":2,"featured_media":12616,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Melco Resorts emerged as the top-performing operator in Macau during the first nine months of 2020, capturing 24.6% of the gaming revenue, displacing former leaders Sands China and Galaxy Entertainment Group amidst an 82% decline in overall GGR due to the Covid-19 pandemic. Melco also led in VIP revenues, while Sands China maintained its dominance in the mass-market segment, reflecting a significant shift in market share during an unprecedented operational period.","focusai_entities":"Melco Resorts, Sands China, Galaxy Entertainment Group, SJM Holdings, Wynn Macau, MGM, City of Dreams, Galaxy Macau, The Venetian, Tribuna de Macau, Sanford C. Bernstein, Deutsche Bank","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Melco's Strategic Advantage?","query":"What specific operational or strategic decisions by Melco Resorts, particularly concerning City of Dreams, enabled its market share gain and GGR resilience compared to competitors during the Q1-Q3 2020 period?"},{"label":"Market Recovery Outlook?","query":"Given the 82% GGR decline, what are the projected timelines and key indicators for a substantial recovery in Macau's gaming market, and how might this impact the competitive hierarchy established in 2020?"}],"footnotes":""},"categories":[28,16338],"tags":[29,725,257],"class_list":["post-12614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-casino","tag-ggr","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=12614"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12614\/revisions"}],"predecessor-version":[{"id":12630,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12614\/revisions\/12630"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/12616"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=12614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=12614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=12614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}