{"id":21861,"date":"2021-08-23T13:29:15","date_gmt":"2021-08-23T16:29:15","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=21861"},"modified":"2026-04-23T16:23:53","modified_gmt":"2026-04-23T19:23:53","slug":"macau-ggr-up-55-for-third-week-of-august","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-55-for-third-week-of-august","title":{"rendered":"Macau GGR up 55% for third week of August"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Macau\u2019s GGR was up 55 per cent week-on-week after a rebound in tourist arrivals.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.-\u00a0<strong>Sanford C. Bernstein Ltd<\/strong>\u00a0has reported\u00a0that <strong>Macau\u2019s Gross Gaming Revenue (GGR)\u00a0<\/strong>for the third week of August was MOP120m (US$15.0m), up 55 per cent when compared to the previous week, when\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-down-37-for-second-week-of-august\">GGR was MOP78m(US$9.7m)<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite the rebound, the figure is still low due to a&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-on-alert-after-a-community-outbreak-of-covid-19\" rel=\"noreferrer noopener\">community outbreak of Covid-19<\/a>&nbsp;during the first week of August.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analysts said: &#8220;The past week\u2019s GGR recovered as the travel impediments caused by Macau\u2019s recent local Covid cases have begun to be gradually relaxed.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They noted that <strong>China is slowly reducing travel restrictions in some areas<\/strong>\u00a0after appearing to pass the peak of the most recent Covid-19 outbreak.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Macau\u2019s Public Security Police<\/strong>\u00a0reported Macau&#8217;s visitor arrivals between August 14 to 18 were up 168 per cent when compared to the previous week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Macau\u2019s GGR for the first 22 days of August was MOP2.4bn. The month-to-date average daily rate is MOP109m<\/strong>, down 86 per cent when compared to August 2019 levels and down 60 per cent compared to\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-29-in-july\">July\u2019s figures<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analysts expected\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/rise-in-covid-19-cases-in-china-could-affect-macaus-august-ggr\">Macau\u2019s GGR for August<\/a>\u00a0to be\u00a0<strong>down 60 per cent when compared to August 2019<\/strong>\u00a0and down 30 per cent when compared to July 2021. However, after a rise in Covid-19 cases,\u00a0<strong>it looks likely to be down 80 per cent<\/strong>\u00a0from August 2019 and down 50 per cent compared to last month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau\u2019s GGR was up 55 per cent week-on-week after a rebound in tourist arrivals.<\/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) experienced a 55% week-on-week rebound in the third week of August, reaching MOP120m, driven by the gradual relaxation of travel impediments post-Covid-19 outbreak. Despite this recovery, month-to-date GGR for August remains significantly below 2019 and July 2021 levels, with analysts projecting an 80% decline from August 2019 figures.","focusai_entities":"Sanford C. Bernstein Ltd, Public Security Police","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GGR Recovery Trajectory?","query":"What is the projected GGR recovery trajectory for Macau in Q4, considering the ongoing relaxation of travel restrictions and potential for further Covid-19 resurgence?"},{"label":"Operator Profitability Impact?","query":"How do these GGR figures translate into EBITDA and net profit impacts for the major Macau concessionaires, particularly given their fixed cost structures?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23907,23906],"class_list":["post-21861","post","type-post","status-publish","format-standard","hentry","category-east-asia-news","category-finance-news","category-slider-home","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/21861","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=21861"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/21861\/revisions"}],"predecessor-version":[{"id":21894,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/21861\/revisions\/21894"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=21861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=21861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=21861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}