{"id":23664,"date":"2021-10-19T08:41:02","date_gmt":"2021-10-19T11:41:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=23664"},"modified":"2026-04-23T14:41:06","modified_gmt":"2026-04-23T17:41:06","slug":"macau-ggr-down-26-for-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-down-26-for-q3","title":{"rendered":"Macau GGR down 26% for Q3"},"content":{"rendered":"\n<p>Macau has reported gross gambling revenue of MOP$18.76bn (US$2.34bn) for the third quarter of the year, down 26 per cent quarter-on-quarter.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-\u00a0<strong>Macau\u2019s gross gaming revenue (GGR)\u00a0<\/strong>for Q3 was down 26 per cent quarter-on-quarter, at MOP$18.76bn (US$2.34bn). <strong>The Gaming Inspection and Coordination Bureau (DICJ)\u00a0<\/strong>has also revealed that\u00a0<strong>mass-market GGR<\/strong>\u00a0accounted for\u00a0<strong>about 68 per cent\u00a0<\/strong>of total casino gaming revenue.<\/p>\n\n\n\n<p>At MOP12.81bn ($1.60bn), mass-market GGR was down <strong>24 per cent<\/strong>\u00a0when\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-reaches-us2-11bn-in-mass-market-ggr-in-q2\">compared to the previous quarter<\/a>. VIP baccarat\u00a0<strong>was down 29.9 per cent quarter-on-quarter<\/strong>, representing 32 per cent of total GGR. Mass-market baccarat represented 56 per cent of GGR at MOP10.56bn. Slot machines generated MOP1.08bn.<\/p>\n\n\n\n<p>According to analysts, the fourth quarter will be the worst of the year, with numbers expected to be down 97 per cent compared to pre-pandemic levels after poor results during the\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-golden-week-visitors-down-93\">October Golden Week 2021<\/a> due to local Covi-19 cases.<\/p>\n\n\n\n<p>During the holiday period, from October 1 to October 7,\u00a0<strong>8,159 people<\/strong>\u00a0arrived in Macau,\u00a0<strong>down 93.7 per cent\u00a0<\/strong>compared with last year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Macau gaming law consultation sessions rescheduled<\/h2>\n\n\n\n<p><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-law-consultation-sessions-rescheduled\">Authorities in Macau<\/a>\u00a0have rescheduled the public consultation sessions on gaming laws that were cancelled due to the outbreak of\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-law-consultation-session-cancelled-again\">local Covid-19 cases<\/a>\u00a0and\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-cancels-third-gaming-law-consultation-session\">Typhoon Kompasu<\/a>.\u00a0They <strong>will now be held between October 22 to 25\u00a0<\/strong>in morning and evening sessions to comply with social distancing regulations.<\/p>\n\n\n\n<p><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macaus-gaming-law-consultation-sessions-to-continue-as-scheduled\" rel=\"noreferrer noopener\">Lei Wai Nong<\/a>, secretary for economy and finance, has said that&nbsp;<strong>the schedule for the consultation would continue for the planned 45 days<\/strong>.<\/p>\n\n\n\n<p>After Macau\u2019s gaming law revision is finished,&nbsp;<strong>there will be 180 days to write the final report<\/strong>, after which a draft will be submitted to the Legislative Assembly for additional conversation.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau has reported gross gambling revenue of MOP$18.76bn (US$2.34bn) for the third quarter of the year, down 26 per cent quarter-on-quarter.<\/p>\n","protected":false},"author":176,"featured_media":18576,"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 reported a Q3 Gross Gaming Revenue (GGR) of MOP$18.76bn (US$2.34bn), marking a 26% quarter-on-quarter decline, with mass-market GGR accounting for 68% of the total. Analysts project Q4 to be significantly worse, down 97% from pre-pandemic levels, exacerbated by poor Golden Week results due to local Covid-19 cases. Concurrently, public consultation sessions for Macau's gaming law revisions have been rescheduled.","focusai_entities":"Gaming Inspection and Coordination Bureau (DICJ), Lei Wai Nong, Legislative Assembly","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.9), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Concession Renewals?","query":"How might the Q3 GGR performance and the ongoing gaming law consultation influence the terms and conditions for future gaming concession renewals in Macau?"},{"label":"Mass vs. VIP Strategy?","query":"Given the continued GGR decline and the shift towards mass-market dominance, what strategic adjustments are Macau operators considering for their gaming verticals and customer segmentation?"}],"footnotes":""},"categories":[16338,163],"tags":[23907,23906],"class_list":["post-23664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23664","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=23664"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23664\/revisions"}],"predecessor-version":[{"id":23675,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23664\/revisions\/23675"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18576"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=23664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=23664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=23664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}