{"id":29721,"date":"2022-05-10T07:38:27","date_gmt":"2022-05-10T10:38:27","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=29721"},"modified":"2026-04-23T08:52:11","modified_gmt":"2026-04-23T11:52:11","slug":"macau-ggr-up-108-between-may-1-and-9","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-108-between-may-1-and-9","title":{"rendered":"Macau GGR up 108% between May 1 and 9"},"content":{"rendered":"\n

Macau’s GGR was up 108 per cent when compared to the previous week, mainly due to the Labour Day break.<\/p>\n\n\n\n\n\n\n\n

Macau.-\u00a0Sanford C. Bernstein Ltd<\/strong>\u00a0has reported that gross gaming revenue in Macau was up 108 per cent week-on-week for the week ended May 9. The figure was also up 124 per cent\u00a0when compared to April<\/a>.<\/p>\n\n\n\n

According to the brokerage, the city has recorded daily casino gross gaming revenue of MOP200m (US$24.7m) and a month-to-date GGR of MOP1.8bn. The growth was mainly due to China\u2019s Labour Day break which saw\u00a0136,647 people visit Macau<\/a>. <\/p>\n\n\n\n

However, the figure represents a drop of 18.2 per cent compared to 2021, when\u00a0165,500 tourists visited Macau<\/a>\u00a0during the break, and it’s a long way from pre-pandemic numbers. In 2019, 636,600 people visited Macau during the break.<\/p>\n\n\n\n

Analysts said Macau’s GGR was down 76 per cent during the first nine days of May when compared to pre-pandemic levels.<\/p>\n\n\n\n

They added: “We forecast May 2022 GGR to be down 80 per cent versus May 2019 but could easily be lower\u2026if travel does not pick up during the month.”<\/p>\n\n\n\n

Mainland China continues to be the only country to have a largely quarantine-free travel bubble<\/a> with Macau. <\/p>\n\n\n\n

As previously reported by Focus Gaming News, Professor Davis Fong<\/strong>, director of the Institute for the Study of Commercial Gaming, has suggested that Macau\u2019s GGR could equal 2021 levels as long as the city maintains an average of between 20.000 and 30.000 visitors<\/strong> per day. Fong says this would be possible as long as visitation rises to where it was before the latest Covid-19 surge in Guangdong.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau’s GGR was up 108 per cent when compared to the previous week, mainly due to the Labour Day break.<\/p>\n","protected":false},"author":176,"featured_media":26697,"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) surged 108% week-on-week and 124% compared to April, primarily driven by China's Labour Day holiday visitation. Despite this short-term uplift, GGR remains significantly below 2021 and pre-pandemic levels, with May 2022 GGR projected to be down 80% versus May 2019, underscoring persistent recovery challenges.","focusai_entities":"Sanford C. Bernstein Ltd, Professor Davis Fong, Institute for the Study of Commercial Gaming, Focus Gaming News","focusai_location":"Macau, China, Guangdong","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.95), investor_analyst (0.98), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q2 2022 GGR Trajectory?","query":"What is the projected GGR trajectory for Q2 2022, considering current visitation trends and potential policy shifts impacting the Macau market?"},{"label":"Impact on Operator Valuation?","query":"How do the reported GGR figures and recovery pace influence the long-term valuation and investment thesis for Macau-centric gaming operators?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-29721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29721","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=29721"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29721\/revisions"}],"predecessor-version":[{"id":29728,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29721\/revisions\/29728"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26697"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}