{"id":22605,"date":"2021-09-14T13:19:16","date_gmt":"2021-09-14T16:19:16","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=22605"},"modified":"2026-04-23T15:41:58","modified_gmt":"2026-04-23T18:41:58","slug":"macau-ggr-up-6-in-second-week-of-september","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-6-in-second-week-of-september","title":{"rendered":"Macau GGR up 6% in second week of September"},"content":{"rendered":"\n<p>Macau&#8217;s GGR for the second week of September rose 6 per cent, with average daily revenue of MOP264m.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-\u00a0<strong>Sanford C. Bernstein Ltd<\/strong>\u00a0has reported that\u00a0<strong>Macau\u2019s gross gaming revenue (GGR)\u00a0<\/strong>for the second week of September was up 6 per cent when\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-posts-us31-2m-in-ggr-for-first-week-of-september\">compared to the previous week<\/a>. Analysts highlighted the growth in GGR despite a new outbreak of Covid-19 cases in China\u2019s Fujian province.<\/p>\n\n\n\n<p><strong>GGR for the current month is MOP3.1bn (US$387m) to date<\/strong>, down 65 per cent when compared to pre-pandemic levels, but up 80 per cent from August, a month that was impacted by\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-on-alert-after-a-community-outbreak-of-covid-19\">local cases of Covid-19<\/a>.<\/p>\n\n\n\n<p>According to analysts, VIP average daily volume was up between 80 to 85 per cent month-on-month, while daily mass GGR was up 60 per cent from the previous month.<\/p>\n\n\n\n<p>Sanford C. Bernstein Ltd expects&nbsp;<strong>Macau&#8217;s GGR for September will be down 60 per cent of pre-pandemic levels<\/strong>&nbsp;as long as the city won&#8217;t be affected by another Covid-19 outbreak.<\/p>\n\n\n\n<p>However, analysts also noted it is unlikely Macau will return to April and August GGR levels until October when\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-raises-expectations-for-october-golden-week\">the Macau Government Tourism Office (MGTO)<\/a>\u00a0predicted\u00a0<strong>the city could receive 30,000 visitors per day<\/strong>\u00a0during the October Golden Week.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Macau unlikely to ease travel limits this year<\/h2>\n\n\n\n<p>Macau is unlikely to remove its<strong>&nbsp;travel restrictions&nbsp;<\/strong>for people coming from places beyond mainland China before 2022.<\/p>\n\n\n\n<p>However, analysts predicted GGR will start to improve in the fourth quarter.&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-posts-us31-2m-in-ggr-for-first-week-of-september\" rel=\"noreferrer noopener\">GGR in September<\/a>&nbsp;could reach about 30 per cent of pre-pandemic levels and 40 per cent in October.<\/p>\n\n\n\n<p>They added: \u201cLonger term, Individual Visit Scheme eVisa, group visa restart, and Hong Kong travel resumption will be necessary to drive gross gaming revenue (GGR) upwards.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau&#8217;s GGR for the second week of September rose 6 per cent, with average daily revenue of MOP264m.<\/p>\n","protected":false},"author":176,"featured_media":20202,"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 GGR for the second week of September demonstrated a 6% week-on-week increase, reaching an average daily revenue of MOP264m, despite regional COVID-19 outbreaks. While current month-to-date GGR remains 65% below pre-pandemic levels, it shows an 80% recovery from August, driven by significant month-on-month growth in both VIP and mass market segments. Analysts project September GGR to be 60% below pre-pandemic levels, with a potential improvement to 40% in October, contingent on eased travel restrictions and the resumption of key visitor schemes.","focusai_entities":"Sanford C. Bernstein Ltd, Macau Government Tourism Office","focusai_location":"Macau, China, Fujian, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Recovery Drivers","query":"What specific policy changes or market conditions, beyond the Golden Week, are critical for Macau to achieve a sustained GGR recovery to pre-pandemic levels, particularly concerning the Individual Visit Scheme eVisa and Hong Kong travel resumption?"},{"label":"Segment Performance Outlook","query":"Given the observed month-on-month growth in both VIP and mass GGR, what are the long-term projections for the revenue mix between these segments, and how might this impact operator investment strategies in Macau?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-22605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22605","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=22605"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22605\/revisions"}],"predecessor-version":[{"id":22629,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22605\/revisions\/22629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20202"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=22605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=22605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=22605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}