{"id":19034,"date":"2021-06-15T14:50:48","date_gmt":"2021-06-15T14:50:48","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=19034"},"modified":"2026-04-23T18:32:21","modified_gmt":"2026-04-23T21:32:21","slug":"macau-ggr-down-35-in-second-week-of-june","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-down-35-in-second-week-of-june","title":{"rendered":"Macau GGR down 35% in second week of June"},"content":{"rendered":"\n

Macau GGR was down 35 per cent in the second week of June when compared to May, most likely due to the rise in Covid-19 cases in Guandong province.<\/p>\n\n\n\n\n\n\n\n

Macau.- Sanford C. Bernstein has reported that\u00a0Macau GGR for the second week of June\u00a0<\/strong>was down by 24.3 per cent when compared to May.<\/p>\n\n\n\n

GGR was MOP219m (US$27.3m). That compares to\u00a0MOP1.35bn (US$169m) in the first week of June.<\/strong><\/p>\n\n\n\n

Macau\u2019s Gross Gaming Revenue (GGR)\u00a0<\/strong>in May reached\u00a0MOP10.45bn (US$1.31bn)<\/strong>, fueled by the\u00a0Labour Day break<\/a>, when Macau\u2019s Public Security Police reported that\u00a0165,500 tourists came to Macau<\/strong>.<\/p>\n\n\n\n

However, a rise in Covid-19 cases in neighbouring Guangdong<\/a>\u00a0province has led Macau\u2019s government\u00a0to reimpose Covid-19 countermeasures<\/a>\u00a0at casinos and other tourism venues.<\/p>\n\n\n\n

People who enter the casinos\u00a0must wear masks and have their temperature checked<\/strong>. They also have to\u00a0present the Macao Health Code,\u00a0<\/strong>the government document that classifies health status by colour: red, yellow, and green.<\/p>\n\n\n\n

However, in recent days\u00a0the number of Covid-19 cases has decreased<\/strong>\u00a0and authorities have stated that new cases will reach zero by June 20.<\/p>\n\n\n\n

Bernstein<\/a>\u00a0predicts\u00a0Macau’s GGR for June will be down<\/strong>\u00a030 per cent month-on-month. They expect a further recovery within July and August during the summer holiday period. Macau\u2019s GGR is usually weak in June<\/strong>\u00a0when compared to other months.<\/p>\n\n\n\n

Morgan Stanley <\/strong>also cut its forecast for Macau gross gaming revenue (GGR) this year by 19 per cent<\/strong> to US$16.3bn.<\/p>\n\n\n\n

Previously, it had said\u00a0Macau GGR<\/a>\u00a0could reach\u00a0MOP189bn (US$23.6bn)<\/strong>, about 65 per cent of GGR in 2019. However, it\u2019s lowered its forecast to\u00a0just 45 per cent of 2019 levels<\/strong>, although that would still be an improvement of 115.4 per cent in 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau GGR was down 35 per cent in the second week of June when compared to May, most likely due to the rise in Covid-19 cases in Guandong province.<\/p>\n","protected":false},"author":176,"featured_media":17534,"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 significant decline in the second week of June, primarily due to renewed COVID-19 countermeasures following an outbreak in Guangdong province. Sanford C. Bernstein reported a 24.3% week-on-week drop, while Morgan Stanley revised its full-year 2021 Macau GGR forecast downwards by 19% to US$16.3 billion, now projecting 45% of 2019 levels. This indicates immediate operational headwinds and a recalibration of market expectations for the gaming vertical.","focusai_entities":"Sanford C. Bernstein, Morgan Stanley, Macau Public Security Police","focusai_location":"Macau, Guangdong, China","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Forecast Impact?","query":"What is the projected impact of these revised GGR forecasts on Macau casino operators' Q2\/Q3 earnings, capital expenditure plans, and dividend policies?"},{"label":"Regulatory Response Efficacy?","query":"How might the Macau government's future COVID-19 response protocols and border policies influence long-term tourism recovery and GGR stability, particularly concerning mainland China visitation?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23907,23906],"class_list":["post-19034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-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\/19034","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=19034"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/19034\/revisions"}],"predecessor-version":[{"id":19056,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/19034\/revisions\/19056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17534"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=19034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=19034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=19034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}