{"id":17985,"date":"2021-05-18T15:36:11","date_gmt":"2021-05-18T15:36:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17985"},"modified":"2026-04-23T19:28:14","modified_gmt":"2026-04-23T22:28:14","slug":"macau-ggr-drops-53-in-second-week-of-may","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-drops-53-in-second-week-of-may","title":{"rendered":"Macau GGR drops 53% in second week of May"},"content":{"rendered":"\n<p>Casinos saw a logical decline in revenue following a spike during the Labour Day break.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- After a promising start to the month during the<strong> Labour Day break, <\/strong>which saw an\u00a0<strong>average daily rate GGR of MOP500m (US$75m),\u00a0<\/strong><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-hits-us563m-for-first-nine-days-of-may\">Macau<\/a>&#8216;s\u00a0casinos have seen revenue fall again.<\/p>\n\n\n\n<p>Bernstein Research has reported\u00a0that <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-hits-us563m-for-first-nine-days-of-may\">Macau GGR<\/a>\u00a0<strong>declined 53 per cent between May 9 and May 16<\/strong>, compared to the previous week. <strong>The average daily GGR was MOP236m<\/strong>.<\/p>\n\n\n\n<p>The fall is expected after a rise during the holiday week and a<strong> rise in Covid-19 cases in some parts of China.<\/strong> Mainland China remains the only country to have a largely<strong> quarantine-free travel bubble<\/strong> with Macau.<\/p>\n\n\n\n<p>During the<strong> Labour Day break<\/strong>, 165,500 tourists came to\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-visitor-arrivals-up-255-4-in-march\">Macau<\/a>. The first day of the holidays saw the <strong>highest daily volume of visitors<\/strong>\u00a0since the start of the Covid-19 pandemic, with <strong>44,000 arrivals<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casinos saw a logical decline in revenue following a spike during the Labour Day break.<\/p>\n","protected":false},"author":176,"featured_media":17115,"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) experienced a 53% decline between May 9-16, averaging MOP236m daily, following a spike during the Labour Day holiday which saw MOP500m daily GGR. This post-holiday normalization, coupled with an increase in COVID-19 cases in mainland China, is cited as the primary driver for the revenue contraction, impacting the region's critical tourism inflow.","focusai_entities":"Bernstein Research","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), operator_casino (1.0), marketing_crm (0.85), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q2 GGR Projections","query":"What are the revised Q2 GGR projections for Macau, factoring in the observed post-holiday decline and the persistent uncertainty surrounding mainland China's zero-COVID policy and associated travel restrictions?"},{"label":"Operator Revenue Mitigation","query":"How are Macau's integrated resort operators implementing revenue mitigation strategies, such as optimizing non-gaming verticals or adjusting VIP vs. mass market focus, in response to the observed GGR volatility?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-17985","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\/17985","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=17985"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17985\/revisions"}],"predecessor-version":[{"id":18023,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17985\/revisions\/18023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17115"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}