{"id":30484,"date":"2022-06-06T07:33:29","date_gmt":"2022-06-06T10:33:29","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=30484"},"modified":"2026-04-23T08:03:25","modified_gmt":"2026-04-23T11:03:25","slug":"macau-ggr-up-11-in-first-week-of-june","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-11-in-first-week-of-june","title":{"rendered":"Macau GGR up 11% in first week of June"},"content":{"rendered":"\n

Macau\u2019s GGR was up 11 per cent when compared to the average recorded for all of May.<\/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 11 per cent for the first five days of June. According to the brokerage, the city recorded daily casino gross gaming revenue of MOP120m (US$14.8m)<\/strong>. However, the month-to-date daily average was down 45 per cent year-on-year.<\/p>\n\n\n\n

According to analysts, the increase in daily revenue was mainly due to a relaxation in Covid-19 measures and a holiday weekend in Macau. Analysts said VIP volume and mass GGR marginally improved from May 2022, with a normal VIP hold rate.\u00a0<\/p>\n\n\n\n

Sanford Bernstein forecasts that the average daily rate for June GGR may be up 46 per cent when compared to May but pointed out the result could be lower if travel does not pick up during the month.<\/p>\n\n\n\n

Macau\u2019s gross gaming revenue in May<\/a> was up 2.8 per cent when compared to April<\/a>. It rose from MOP2.68bn (US$331m) in April to MOP3.34bn (US$413.4m) but was down 68 per cent when compared to May 2021 (MOP10.45bn).<\/p>\n\n\n\n

Analysts attributed the month-on-month growth to China\u2019s Labour Day break, which saw 136,647 people visit Macau<\/a>. <\/p>\n\n\n\n

Macau to ease Covid-19 test requirements from June 2<\/h2>\n\n\n\n

Authorities in Macau have announced a relaxation in entry requirements<\/strong>. From midnight on June 2, those who want to enter Macau from mainland China\u2019s Guangdong province can do so if they present a negative Covid-19 test <\/strong>issued within the previous seven days.<\/p>\n\n\n\n

The change was made due to a drop in the number of Covid-19 cases in neighbouring provinces.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau\u2019s GGR was up 11 per cent when compared to the average recorded for all of May.<\/p>\n","protected":false},"author":176,"featured_media":19870,"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) for the first five days of June increased by 11% compared to May's average, reaching MOP120m daily, primarily due to relaxed COVID-19 measures and a holiday weekend. Despite this short-term uplift, the month-to-date daily average remains 45% down year-on-year, with analysts forecasting a potential 46% increase for June's average daily rate if travel improves.","focusai_entities":"Sanford C. Bernstein Ltd","focusai_location":"Macau, China, Guangdong","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 trajectory for Macau in H2 2022, considering the ongoing impact of travel restrictions and potential further relaxation of COVID-19 protocols?"},{"label":"Regulatory Impact Analysis?","query":"How do the recent adjustments in Macau's entry requirements specifically influence VIP volume versus mass market GGR, and what are the long-term implications for operator profitability?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-30484","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\/30484","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=30484"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30484\/revisions"}],"predecessor-version":[{"id":30489,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30484\/revisions\/30489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19870"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=30484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=30484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=30484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}