{"id":14840,"date":"2021-02-17T15:38:51","date_gmt":"2021-02-17T15:38:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=14840"},"modified":"2026-04-23T21:44:21","modified_gmt":"2026-04-24T00:44:21","slug":"macau-ggr-down-23-in-the-first-half-of-february","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-down-23-in-the-first-half-of-february","title":{"rendered":"Macau GGR down 23% in the first half of February"},"content":{"rendered":"\n<p>Revenues declined month-on-month as the city received just 62,984 visitors over the first five days of the Chinese New Year Golden Week holiday.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-\u00a0Macau casinos saw gross gaming revenues\u00a0of MOP$3bn (US$375m), for the first half of February, down 23 per cent compared to January.<\/p>\n\n\n\n<p>GGR was <strong>MOP$190m (US$23.8m) per day<\/strong> during the <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-visitors-down-76-in-first-days-of-chinese-new-year\" target=\"_blank\">Chinese New Year Golden Week holiday<\/a><\/em><\/strong> , which represents a <strong>71.6 per cent decline<\/strong> compared to last year and an 83 per cent decline compared to February 2019.<\/p>\n\n\n\n<p>Analysts at JP Morgan said: &#8220;We\u2019d hope to see a meaningful uptick for the coming week\u2019s data\u2026 but<strong> visibility remains extremely low amidst ongoing travel curbs.<\/strong>&#8220;<\/p>\n\n\n\n<p>Travel restrictions due to the Covid-19 pandemic continue to impact visitor numbers in Macau. <strong>Mainland China <\/strong>is currently the only jurisdiction to have a largely<strong> quarantine-free travel bubble with Macau<\/strong>.<\/p>\n\n\n\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revenues declined month-on-month as the city received just 62,984 visitors over the first five days of the Chinese New Year Golden Week holiday.<\/p>\n","protected":false},"author":176,"featured_media":14845,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's Gross Gaming Revenue (GGR) for the first half of February reached MOP$3bn (US$375m), a 23% month-on-month decline, primarily driven by significantly reduced visitor numbers during the Chinese New Year Golden Week. Daily GGR during the holiday period plummeted 71.6% year-on-year, with analysts citing ongoing travel restrictions and low visibility as key impediments to recovery.","focusai_entities":"JP Morgan","focusai_location":"Macau, China, Mainland China","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.98), investor_analyst (0.97), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Recovery Outlook?","query":"What is the projected GGR recovery timeline for Macau, assuming current travel restrictions and quarantine protocols remain largely unchanged through Q2 and Q3?"},{"label":"Operator Cost Structure Adjustments?","query":"How are Macau's integrated resort operators strategically adjusting their operational cost structures and capital expenditure plans in response to sustained low visitor volumes and GGR contraction?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-14840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14840","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=14840"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14840\/revisions"}],"predecessor-version":[{"id":14880,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14840\/revisions\/14880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14845"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}