{"id":23396,"date":"2021-10-11T10:44:37","date_gmt":"2021-10-11T13:44:37","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=23396"},"modified":"2026-04-23T14:55:55","modified_gmt":"2026-04-23T17:55:55","slug":"macau-gaming-operators-expected-to-report-editba-loss-in-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-operators-expected-to-report-editba-loss-in-q3","title":{"rendered":"Macau gaming operators expected to report EDITBA loss in Q3"},"content":{"rendered":"\n

Morgan Stanley expects Macau’s six gaming operators to report a 108 per cent drop in EDITBA from the previous quarter.<\/p>\n\n\n\n\n\n\n\n

Macau.- Analysts at Morgan Stanley<\/strong> expect the six gaming operators in Macau to report a total of US$23m<\/strong> in negative industry corporate earnings before interest, taxes, depreciation, and amortization (EBITDA) for the third quarter of 2021 due to Covid-19 cases in Macau in August and September.<\/p>\n\n\n\n

The numbers would represent a 108 per cent drop from the previous quarter <\/strong>but only 1 per cent decrease from the same three months period of last year.<\/p>\n\n\n\n

Morgan Stanley expected Macau industry EBITDA estimates \u201cto decline another 40 per cent to 50 per cent as consensus does not yet appear to reflect recent Covid outbreaks in August and late September, which negatively affected October Golden Week<\/a>.\u201d<\/p>\n\n\n\n

Macau\u2019s GGR for the third quarter was MOP$18.76bn, down 26 per cent when compared to the previous quarter. Aggregate casino GGR for the first nine months of the year 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

See also:<\/strong> Macau GGR up 32.4% in September<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Morgan Stanley expects Macau’s six gaming operators to report a 108 per cent drop in EDITBA from the previous quarter.<\/p>\n","protected":false},"author":218,"featured_media":17661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Morgan Stanley forecasts Macau's six gaming operators to report a US$23m negative industry EBITDA for Q3 2021, representing a 108% sequential decline, primarily due to COVID-19 outbreaks impacting August and September. This projection reflects a significant downturn from the previous quarter, despite a marginal year-on-year decrease, with Q3 GGR recorded at MOP$18.76bn.","focusai_entities":"Morgan Stanley, Macau's six gaming operators","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.98), investor_analyst (0.99), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"EBITDA Recovery Outlook","query":"What is Morgan Stanley's revised EBITDA recovery timeline for Macau's gaming operators, considering potential future COVID-19 impacts and evolving travel restrictions?"},{"label":"Operational Cost Adjustments","query":"How are Macau's gaming operators expected to adjust their operational cost structures and staffing levels to mitigate sustained periods of negative EBITDA and reduced GGR?"}],"footnotes":""},"categories":[160,157],"tags":[23907,23906],"class_list":["post-23396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-business-news","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23396","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\/218"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=23396"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23396\/revisions"}],"predecessor-version":[{"id":23423,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23396\/revisions\/23423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17661"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=23396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=23396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=23396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}