Macau has reported gross gambling revenue of MOP$5.88bn (US$733m) for September, up 32.4 per cent month-on-month.<\/p>\n\n\n\n\n\n\n\n
Macau.- Macau\u2019s gross gaming revenue (GGR) <\/strong>was up 32.4 per cent month-on-month in September, and up 166 per cent year-on-year, at MOP$5.88bn (US$733m). However, it was the second-lowest monthly GGR figure of 2021, after August<\/a>.<\/p>\n\n\n\n The Gaming Inspection and Coordination Bureau reported that despite the growth in GGR, the number of tourist arrivals was down<\/strong> mainly due to restrictions imposed in neighbouring Zhuhai in Guangdong province and a mandatory 14-day quarantine for inbound travel from Macau.<\/p>\n\n\n\n Macau has been affected<\/a> by a new outbreak of Covid-19 cases which led the number of tourist arrivals to plummet by 70 per cent. Analysts at Bernstein Research predict that October\u2019s Golden Week<\/strong> will now be weaker than expected. They expect the city to see a recovery later in the month and into November.<\/p>\n\n\n\n Analysts at JP Morgan Securities<\/strong> also believe expectations for the national holiday<\/a> could be deeply affected by new countermeasures.<\/p>\n\n\n\n Macau’s GGR for the third quarter was MOP$18.76bn<\/strong>, down 26 per cent when compared to the previous quarter. Aggregate casino GGR for the first nine months of the year<\/strong> totals MOP$67.79bn, up 76 per cent year-on-year when compared to the MOP$38.61bn reached during the previous year period.<\/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 Analysts believe Macau is unlikely to remove its <\/strong>travel restrictions<\/a> <\/strong>for people coming from places beyond mainland China before 2022. <\/p>\n\n\n\nMacau to revise budget forecast due to low GGR<\/h2>\n\n\n\n