June’s GGR was down 25.9 per cent month-on-month from MOP3.34bn (US$413.4m) to MOP2.48bn (US$310m).<\/p>\n\n\n\n\n\n\n\n
Macau.-\u00a0The new outbreak of Covid-19 cases<\/a>\u00a0has led Macau\u2019s gross gaming revenue to plunge 25.9 per cent month on month, from MOP3.34bn (US$413.4m) in May<\/a> to MOP2.48bn (US$310m) last month. The figure was down 62.1 per cent year-on-year (June 2021: MOP6.54bn)<\/p>\n\n\n\n It’s the lowest monthly GGR of the year and the lowest since September 2020. Macau\u2019s GGR for the\u00a0first six months of 2022\u00a0<\/strong>combined stands at MOP26.27bn (US$3.26bn), down 46.4 per cent year-on-year.<\/p>\n\n\n\n Alidad Tash<\/strong>, a gaming expert and managing director of 2NT8 has predicted that 2022 GGR is now likely to be closer to 2020 than 2021. In 2020, the city’s gross gaming revenue fell 79.3 per cent year-on-year to MOP60.4bn (US$7.5bn). GGR for 2021 rose was 43.7 per cent higher than that at MOP86.86bn (US$10.82bn).<\/p>\n","protected":false},"excerpt":{"rendered":" June’s GGR was down 25.9 per cent month-on-month from MOP3.34bn (US$413.4m) to MOP2.48bn (US$310m).<\/p>\n","protected":false},"author":176,"featured_media":0,"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 June Gross Gaming Revenue (GGR) plummeted 25.9% month-on-month to MOP2.48bn (US$310m), marking the lowest monthly figure since September 2020, primarily due to a new COVID-19 outbreak. This decline contributes to a 46.4% year-on-year drop for H1 2022, with experts predicting 2022 GGR will align closer to 2020 levels.","focusai_entities":"Alidad Tash, 2NT8","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Macau GGR Outlook?","query":"Given the H1 2022 GGR performance and expert predictions, what is the revised full-year GGR forecast for Macau, and what are the key drivers for potential recovery or further contraction in the gaming vertical?"},{"label":"Operator Impact Analysis?","query":"How will this significant GGR contraction in Macau impact the Q2 and Q3 financial results and operational strategies of major integrated resort operators, particularly concerning their capital markets performance and M&A potential?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-31358","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31358","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=31358"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31358\/revisions"}],"predecessor-version":[{"id":31364,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31358\/revisions\/31364"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}