{"id":28855,"date":"2022-04-11T09:17:56","date_gmt":"2022-04-11T12:17:56","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=28855"},"modified":"2026-04-23T09:43:39","modified_gmt":"2026-04-23T12:43:39","slug":"macau-average-daily-revenue-up-3-last-week","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-average-daily-revenue-up-3-last-week","title":{"rendered":"Macau average daily revenue up 3% last week"},"content":{"rendered":"\n

Macau registered a daily revenue of MOP100m in the week to April 10th, up 3 per cent compared with the prior week.<\/p>\n\n\n\n\n\n\n\n

Macau.-\u00a0Sanford C. Bernstein Ltd<\/strong>\u00a0has reported that average daily sales in Macau reached MOP100m in the week ended April 10 week-on-week. That’s a 3 per cent increase on the previous week, but still down 16 per cent when compared to March.<\/p>\n\n\n\n

<\/p>\n\n\n\n

VIP transaction volume was down a mid-to-high 20 per cent<\/strong>\u00a0compared to March, maintaining a normal rate. Daily mass GGR is down around ten per cent compared to the previous month.<\/p>\n\n\n\n

Month-to-date gross gaming revenue was MOP1bn (US$123m)<\/strong>, down 87 per cent from pre-pandemic levels and down 64 per cent from a year earlier. Analysts predict full-month GGR will be down 86 per cent from 2019 levels, although it could be weaker if travel restrictions are tightened further due to the\u00a0increasing Covid-19 cases in China<\/a>.<\/p>\n\n\n\n

GGR from Macau casinos<\/a>\u00a0was down 52.7 per cent\u00a0month-on-month<\/a>\u00a0in March, from MOP7.76bn (US$963.8m) to MOP3.67bn (US$454.5m). The figure was the lowest since September 2020, when the tally was MOP2.2bn, and was down 55.8 per cent when compared to March 2021, when\u00a0revenue was MOP$8.3bn (US$1.04bn)<\/a>.<\/p>\n\n\n\n

Macau GGR to reach 44% of pre-pandemic levels in 2022, analysts say<\/h2>\n\n\n\n

Fitch Ratings<\/strong> expects Macau\u2019s gross gaming revenue (GGR) to be about 44 per cent of pre-pandemic levels this year. Analysts expect the city could see revenue of MOP129bn in 2022. In 2019, Macau\u2019s casinos grossed MOP292.46bm (US$36.5bn).<\/p>\n\n\n\n

Fitch also forecast Macau\u2019s economy to grow by 19 per cent in 2022<\/strong>, based on the assumed GGR.<\/p>\n\n\n\n

Sanford C. Bernstein Ltd has previously come to a similar conclusion<\/a>, predicting that Macau\u2019s GGR could recover 47 per cent year-over-year in 2022 to around 44 per cent of pre-pandemic levels seen in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau registered a daily revenue of MOP100m in the week to April 10th, up 3 per cent compared with the prior week.<\/p>\n","protected":false},"author":176,"featured_media":25402,"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 gross gaming revenue (GGR) continues to show significant year-on-year and month-on-month declines, with April's month-to-date GGR down 87% from pre-pandemic levels. Analysts from Sanford C. Bernstein Ltd and Fitch Ratings forecast 2022 GGR to recover to approximately 44% of 2019 levels, contingent on the easing of travel restrictions amidst ongoing COVID-19 challenges in China.","focusai_entities":"Sanford C. Bernstein Ltd, Fitch Ratings","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.95), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Recovery Timeline?","query":"What specific policy changes or epidemiological milestones are critical for Macau's GGR to achieve the projected 44% recovery to pre-pandemic levels in 2022, and what is the probability of these occurring?"},{"label":"Operator Profitability Impact?","query":"How are Macau's integrated resort operators adjusting their operational expenditures and capital deployment strategies to maintain profitability amidst sustained GGR declines and uncertain recovery timelines?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23907,23906],"class_list":["post-28855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28855","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=28855"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28855\/revisions"}],"predecessor-version":[{"id":28869,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28855\/revisions\/28869"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25402"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=28855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=28855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=28855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}