Macau\u2019s six casino operators will each sponsor one of the races at the 68th Macau Grand Prix, which will take place from November 9 to 21 without international competitors due to Covid-19 restrictions.<\/p>\n\n\n\n\n\n\n\n
Macau.- Macau is ready to welcome back the\u00a0Macau Grand Prix<\/a>\u00a0although the event will be held without international competitors\u00a0<\/strong>due to the closure of borders amid the Covid-19 pandemic. The competition will be sponsored by all six casino operators<\/strong>: SJM, Sands China, Galaxy Entertainment, Melco, MGM and Wynn.<\/p>\n\n\n\n During a press conference held by the Macau Grand Prix Organising Committee, it was revealed that each casino operator will sponsor one race.<\/p>\n\n\n\n The Macau Grand Prix Organising Committee stated: “The associated positive effects of the Grand Prix serve to\u00a0promote the development of different industries<\/strong>, and thereby boost the economy.\u00a0In addition,\u00a0the annual Grand Prix will be broadcast to countries and regions in the mainland\u00a0<\/strong>and overseas so as to positively promote the image of Macau.\u201d<\/p>\n\n\n\n Due to the lack of international competitors, the event lacks a title sponsor. According to a press release, the six races will be called: the SJM Formula 4 Macau Grand Prix; the Sands China Macau GT Cup; the Galaxy Entertainment Macau Guia Race; the Melco Macau Touring Car Cup; the MGM Greater Bay Area GT Cup; and the Wynn Porsche Carrera Cup Challenge.<\/p>\n\n\n\n Authorities in Macau<\/a> have reported that there were 25,252 visitor arrivals on Friday. The figure was encouraging after only 8,159 people arrived in Macau during October Golden Week<\/a>, when daily average visits were down 93.7 per cent <\/strong>compared with last year.<\/p>\n\n\n\n The Macao Government Tourism Office (MGTO) said the figure showed \u201ca steady rebound in visitor arrivals, which have been trending upward for four days in a row.\u201d It said that on October 20, more than 20,000 visitors arrived in Macau.<\/p>\n","protected":false},"excerpt":{"rendered":" Macau\u2019s six casino operators will each sponsor one of the races at the 68th Macau Grand Prix, which will take place from November 9 to 21 without international competitors due to Covid-19 restrictions.<\/p>\n","protected":false},"author":176,"featured_media":23251,"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 six casino operators will each sponsor a race at the 68th Macau Grand Prix, which will proceed from November 9-21 without international competitors due to COVID-19 restrictions. This localized event aims to promote Macau's image and boost the economy, coinciding with a reported rebound in visitor arrivals. The sponsorships underscore the operators' commitment to local market engagement amidst ongoing travel limitations.","focusai_entities":"SJM, Sands China, Galaxy Entertainment, Melco, MGM, Wynn, Macau Grand Prix Organising Committee, Macao Government Tourism Office (MGTO)","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), marketing_crm (0.85), investor_analyst (0.9), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Sponsorship ROI Analysis","query":"What is the projected ROI for the sponsoring operators, considering the absence of international visitors and the focus on domestic\/mainland tourism for the Macau Grand Prix?"},{"label":"Capital Allocation Strategy","query":"How do these localized marketing investments align with the operators' broader capital allocation strategies, particularly given the ongoing uncertainty regarding international travel resumption and GGR recovery?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-23890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23890","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=23890"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23890\/revisions"}],"predecessor-version":[{"id":23899,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23890\/revisions\/23899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/23251"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=23890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=23890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=23890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Macau sees rise in visitor numbers after Covid-19 outbreak ends<\/h2>\n\n\n\n