{"id":24065,"date":"2021-11-01T07:32:33","date_gmt":"2021-11-01T10:32:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=24065"},"modified":"2026-04-23T14:17:47","modified_gmt":"2026-04-23T17:17:47","slug":"macau-ggr-down-25-8-in-october","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-down-25-8-in-october","title":{"rendered":"Macau GGR down 25.8% in October"},"content":{"rendered":"\n

Macau has reported gross gambling revenue of MOP4.37bn ($544m) for October, down 25.8 per cent month-on-month.<\/p>\n\n\n\n\n\n\n\n

Macau.-\u00a0Macau\u2019s gross gaming revenue (GGR)\u00a0<\/strong>was down 25.8 per cent month-on-month in October, and down 40 per cent year-on-year, at MOP4.37bn (US$544m). The figure recorded in October was the lowest monthly GGR figure of 2021, below even August when\u00a0the city recorded GGR of MOP$4.44bn (US$554.5m)<\/a>.<\/p>\n\n\n\n

Macau was deeply affected by\u00a0an outbreak of local Covid-19 cases<\/a>\u00a0at the beginning of the month that led to low numbers of tourist arrivals for the October Golden Week. <\/p>\n\n\n\n

During the festive period, from October 1 to October 7, only\u00a08,159 people<\/strong>\u00a0arrived in Macau. The daily average of visitors was\u00a0down 93.7 per cent\u00a0<\/strong>compared with last year. In\u00a0October Golden Week 2020<\/a>, 156,300 visitors travelled to Macau.<\/p>\n\n\n\n

May remains the month with the highest GGR of the year to date<\/strong>, mainly thanks to the\u00a0Labour Day break<\/a>, when Macau\u2019s Public Security Police reported that\u00a0165,500 tourists came to Macau<\/strong>. Aggregate\u00a0casino GGR for the first ten months of the year<\/strong>\u00a0totals MOP72.15bn, up 57 per cent year-on-year from MOP45.88bn in 2020.<\/p>\n\n\n\n

Direct investment in the gaming industry in Macau fell by 30% in 2020<\/h2>\n\n\n\n

The Statistics and Census Bureau (DSEC) has revealed\u00a0that\u00a0direct investment in Macau\u2019s gaming industry<\/a> fell 30 per cent\u00a0last year. However,\u00a0direct investment in financial activities increased by 4.6 per cent\u00a0<\/strong>year-on-year to MOP86.8bn.<\/p>\n\n\n\n

In 2020, Macau recorded MOP300.2bn in foreign direct investment<\/strong>, a decrease of 14.5 per cent from last year. Most of the investments came from Hong Kong or the Cayman Islands. Direct investment from Hong Kong declined 5.3 per cent to MOP84.06bn while investment from the Cayman Islands was down 12.9 per cent to MOP69.74bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau has reported gross gambling revenue of MOP4.37bn ($544m) for October, down 25.8 per cent month-on-month.<\/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 reported a significant decline in October 2021 Gross Gaming Revenue (GGR) to MOP4.37bn, marking a 25.8% month-on-month and 40% year-on-year decrease, primarily due to a local COVID-19 outbreak impacting Golden Week tourism. Despite this, year-to-date GGR for the first ten months of 2021 shows a 57% increase over 2020. Concurrently, direct investment in Macau's gaming industry fell 30% in 2020, contrasting with a rise in financial sector investment.","focusai_entities":"Statistics and Census Bureau (DSEC)","focusai_location":"Macau, Hong Kong, Cayman Islands","focusai_target_profile":"ceo_executive (1.0), regulator (0.8), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What is the projected GGR recovery trajectory for Macau in Q4 2021 and H1 2022, considering ongoing travel restrictions and potential concession renewal impacts?"},{"label":"Investment Diversification","query":"How might the observed decline in direct gaming investment and concurrent rise in financial sector investment influence Macau's long-term economic diversification strategy beyond the gaming vertical?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-24065","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\/24065","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=24065"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24065\/revisions"}],"predecessor-version":[{"id":24074,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24065\/revisions\/24074"}],"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=24065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=24065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=24065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}