{"id":17724,"date":"2021-05-10T14:36:22","date_gmt":"2021-05-10T14:36:22","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17724"},"modified":"2026-04-23T19:41:55","modified_gmt":"2026-04-23T22:41:55","slug":"macau-ggr-hits-us563m-for-first-nine-days-of-may","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-hits-us563m-for-first-nine-days-of-may","title":{"rendered":"Macau GGR hits US$563m for first nine days of May"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">According to analysts, Macau&#8217;s casinos&#8217; gross gaming revenue for the first nine days of May was up 79 per cent month-on-month.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.- Sanford C. Bernstein has reported\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-1-01-in-april\">Macau&#8217;s GGR<\/a>\u00a0for the first nine days of May, including the Labour Day break, reached an <strong>average daily rate of MOP500m (US$75m)<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, JP Morgan analysts suggest that\u00a0<strong>GGR during the Labour Day break reached nearly MOP630m a day\u00a0<\/strong>and could have reached over 70 per cent of pre-pandemic levels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some165,500\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-received-165500-visitors-arrivals-over-labour-day-break\">tourists visited Macau<\/a>\u00a0during the<strong>\u00a0Labour Day break<\/strong>\u00a0between May 1 and May 5, with a record of 44,000 arrivals on the first day.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The\u00a0<strong>Macao Government Tourism Office (MGTO)<\/strong>\u00a0reported an\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-occupancy-hits-83-2-during-labour-day-break\">average occupancy rate<\/a>\u00a0of\u00a0<strong>83.2 per cent<\/strong>\u00a0for hotels and guest houses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Now analysts expect\u00a0<strong>Macau&#8217;s GGR for the month to come in at over MOP10bn, <\/strong>and to reach between MOP11bn and MOP12bn in July and August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to analysts, Macau&#8217;s casinos&#8217; gross gaming revenue for the first nine days of May was up 79 per cent month-on-month.<\/p>\n","protected":false},"author":176,"featured_media":0,"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 initial nine days of May surged 79% month-on-month, driven by robust tourist arrivals during the Labour Day break. Analysts project May's GGR to exceed MOP10bn, with further growth anticipated in July and August, indicating a strong recovery towards pre-pandemic operational levels.","focusai_entities":"Sanford C. Bernstein, JP Morgan, Macao Government Tourism Office (MGTO)","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GGR Recovery Sustainability?","query":"What are the key drivers for the sustained GGR recovery in Macau beyond the holiday period, and what potential headwinds could impact the projected MOP11bn-MOP12bn targets for July and August?"},{"label":"Operator Profitability Impact?","query":"How will the reported GGR uplift translate into enhanced EBITDA margins and net profitability for Macau's concessionaires, considering current operational costs and regulatory frameworks?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-17724","post","type-post","status-publish","format-standard","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\/17724","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=17724"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17724\/revisions"}],"predecessor-version":[{"id":17745,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17724\/revisions\/17745"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}