{"id":17215,"date":"2021-04-26T15:24:21","date_gmt":"2021-04-26T15:24:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17215"},"modified":"2026-04-23T20:05:45","modified_gmt":"2026-04-23T23:05:45","slug":"macau-daily-ggr-could-reach-us50m-during-labour-day-break","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-daily-ggr-could-reach-us50m-during-labour-day-break","title":{"rendered":"Macau daily GGR could reach US$50m during Labour Day break"},"content":{"rendered":"\n<p>Macau&#8217;s daily gross gaming revenue (GGR) during the third week of April was MOP292m, up 9 per cent from March.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- According to<strong>\u00a0Ambrose So Shu Fai<\/strong>, vice-chairman of Macau casino operator SJM Holdings Ltd,\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-expects-revenue-boost-during-golden-week-holiday\">Macau&#8217;s daily GGR<\/a>\u00a0could reach MOP400m (US$50m) during the\u00a0<strong>Labour Day break.<\/strong><\/p>\n\n\n\n<p><strong>JP Morgan Securities<\/strong>\u00a0has stated that a<strong>\u00a0daily GGR<\/strong>\u00a0between MOP400m and MOP500m would be a success.<\/p>\n\n\n\n<p>The\u00a0<strong>Macao Government Tourism Office (MGTO)<\/strong>\u00a0hopes Macau may see a\u00a0hotel occupancy rate\u00a0between 70 per cent to 80 per cent, while airlines\u00a0<strong>are increasing their frequencies to Macau.<\/strong><\/p>\n\n\n\n<p>While\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-occupancy-rate-could-reach-80-during-labour-day-break\">Macau visitor numbers<\/a> continue to improve ahead of the Labour Day break,\u00a0<strong>but casino revenues remain down severely<\/strong>.<\/p>\n\n\n\n<p>For April,\u00a0<strong>Macau registered daily gross gaming revenue of MOP292m\u00a0<\/strong>during the third week of the month, down 64 per cent from 2019 levels but\u00a0<strong>up 9 per cent from March of this year<\/strong>.<\/p>\n\n\n\n<p>Bernstein predicted\u00a0that <strong>Macau&#8217;s final GGR for April could be up 4 per cent from March\u00a0<\/strong>and that revenue should continue to increase during the second half of the year 2021.<\/p>\n\n\n\n<p><strong>Fitch Ratings Inc\u00a0<\/strong>has said that\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macaus-economy-to-rebound-by-53-per-cent-in-2021-analysts-say\">Macau\u2019s economy<\/a>\u00a0could rebound by 53 per cent this year.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau&#8217;s daily gross gaming revenue (GGR) during the third week of April was MOP292m, up 9 per cent from March.<\/p>\n","protected":false},"author":176,"featured_media":17231,"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 daily Gross Gaming Revenue (GGR) in the third week of April reached MOP292m, marking a 9% increase from March but remaining 64% below 2019 levels. Industry projections for the Labour Day break anticipate daily GGR could rise to MOP400m-MOP500m, supported by expected hotel occupancy rates of 70-80%. Analysts forecast continued GGR growth through H2 2021 and a significant economic rebound for Macau.","focusai_entities":"Ambrose So Shu Fai, SJM Holdings Ltd, JP Morgan Securities, Macao Government Tourism Office (MGTO), Bernstein, Fitch Ratings Inc","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What are the key drivers and potential headwinds influencing Macau's GGR recovery trajectory beyond the Labour Day break, particularly considering the 2019 GGR deficit?"},{"label":"Operator Performance Impact","query":"How might the projected GGR and hotel occupancy rates for the Labour Day period translate into Net Gaming Revenue (NGR) and EBITDA performance for integrated resort operators in Macau?"}],"footnotes":""},"categories":[157,161,16338,158],"tags":[23907,23906],"class_list":["post-17215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-daily-news","category-east-asia-news","category-slider-home","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17215","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=17215"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17215\/revisions"}],"predecessor-version":[{"id":17248,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17215\/revisions\/17248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17231"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}