Macau\u2019s Public Security Police reported 16,900 inbound tourists on Tuesday, showing a recovery after the drop due to local Covid-19 cases in the first week of August.<\/p>\n\n\n\n\n\n\n\n
Macau.- The daily tally of inbound tourists reached 16,600 on Monday and 16,7000\u00a0<\/strong>on Tuesday, up 85 per cent when compared to Sunday’s 9,000 arrivals.<\/p>\n\n\n\n Macau\u2019s Public Security Police\u00a0<\/strong>said the number of arrivals started to increase after Macau carried out\u00a0mass testing for Covid-19<\/a>,\u00a0in which\u00a0716,251 people were tested<\/strong>, all of them returning negative results.<\/p>\n\n\n\n The recovery also follows the announcement of an extension for the\u00a0validity of negative Covid-19 tests<\/a>\u00a0for visitors from Guangdong province to 48 hours. The measure covers direct inbound and outbound land trips.<\/p>\n\n\n\n Macau\u2019s Gross Gaming Revenue (GGR)\u00a0<\/strong>in the second week of August was MOP78m(US$9.7m)<\/a>, down 37 per cent when compared to\u00a0MOP125m (US$15.6m) in the first week<\/a>. <\/p>\n\n\n\n Sanford C. Bernstein<\/strong>\u00a0Ltd said Macau\u2019s GGR had fallen due to travel restrictions intensified by mainland China due to the outbreak. The\u00a0number of visitors declined 78 per cent<\/strong>\u00a0when compared to the previous month.<\/p>\n\n\n\n Macau\u2019s GGR for the first fifteen days of August was MOP1.55bn (US$193m)<\/strong>. The month-to-date average daily rate is MOP103m (US$13m), down 87 per cent when compared to August 2019 levels and down 62 per cent compared to July\u2019s figures<\/a>.<\/p>\n\n\n\n May remains the month with the highest GGR of the year to date<\/strong>, mainly thanks to the Labour Day break<\/a>, when Macau\u2019s Public Security Police reported that 165,500 tourists came to Macau<\/strong>.<\/p>\n\n\n\n Deutsche Bank<\/a>\u00a0has revealed that\u00a0Sands China and Galaxy Entertainment Group together contributed 45.3 per cent of Macau\u2019s GGR\u00a0<\/strong>in the second quarter of the year. The proportion was the same as\u00a0the previous quarter<\/a>, when the companies contributed\u00a0MOP23.6bn (US$2.9bn)<\/strong>.<\/p>\n\n\n\n For the second quarter, Galaxy Entertainment Group contributed 20.4 per cent of revenue (US$640m) while Sands China\u2019s contribution was US$782m, 24.9 per cent of the total.<\/p>\n\n\n\n Melco Resorts & Entertainment <\/strong>followed with 17.9 per cent. Wynn Macau was in fourth position with 13.7 per cent, while SHM Holdings accounted for 11.7 per cent and MGM China 11.3 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":" Macau\u2019s Public Security Police reported 16,900 inbound tourists on Tuesday, showing a recovery after the drop due to local Covid-19 cases in the first week of August.<\/p>\n","protected":false},"author":176,"featured_media":18780,"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 tourism sector is showing signs of recovery following a recent COVID-19 outbreak, with daily inbound visitor numbers increasing after mass testing and extended negative test validity for Guangdong visitors. Despite this, August's Gross Gaming Revenue (GGR) remains significantly below pre-pandemic and prior-month levels, reflecting the ongoing impact of travel restrictions. Major operators like Sands China and Galaxy Entertainment Group continue to dominate the GGR market share.","focusai_entities":"Public Security Police, Sanford C. Bernstein Ltd, Deutsche Bank, Sands China, Galaxy Entertainment Group, Melco Resorts & Entertainment, Wynn Macau, SHM Holdings, MGM China","focusai_location":"Macau, Guangdong province, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"Given the current GGR run-rate and the volatility introduced by travel restrictions, what is the revised consensus GGR forecast for Macau for Q3 and FY2022, and how does this impact operator EBITDA projections?"},{"label":"Operator Market Share","query":"How are the market share dynamics among Macau's concessionaires, particularly the continued dominance of Sands China and Galaxy, influencing their respective capital allocation strategies and competitive positioning for the upcoming concession tender?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-21705","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\/21705","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=21705"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/21705\/revisions"}],"predecessor-version":[{"id":21723,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/21705\/revisions\/21723"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18780"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=21705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=21705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=21705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Sands China and Galaxy lead Macau GGR in Q2<\/h2>\n\n\n\n