Macau registered 381,000 visitor arrivals in June, down 36.6 per cent month-on-month and down 28 per cent from 2021.<\/p>\n\n\n\n\n\n\n\n
Macau.-\u00a0The Statistics and Census Service (DSEC)\u00a0<\/strong>has reported that 381,000 tourists arrived in Macau in June. The figure was down 36.6 per cent month-on-month and down 28 per cent year-on-year.<\/p>\n\n\n\n The figure is a long way from what was expected at the beginning of the month<\/a>,\u00a0when Macau Government Tourism Office director Maria Helena de Senna Fernandes said the number of tourists could be between 30,000 and 40,000\u00a0per day.<\/p>\n\n\n\n The numbers were severely impacted by the latest outbreak of Covid-19 cases in Macau, which\u00a0started on June 19<\/a>. Since then, Macau has reported 1,783 confirmed Covid-19 cases (as of midnight on Tuesday). Authorities have introduced a series of countermeasures including the\u00a0temporary closure of casino venues<\/a>\u00a0and non-essential businesses.<\/p>\n\n\n\n The DSEC also reported that for the first half of this year, the city received fewer than 3.5 million visitors. The figure was down 11.8 per cent year-on-year. More than 90 per cent of the visitors came from mainland China while nearly 8.6 per cent came from Hong Kong.\u00a0<\/p>\n\n\n\n Analysts at\u00a0JP Morgan Securities<\/strong>\u00a0have estimated that Macau casino operators will end the year with approximately US$800m in EBITDA losses. They expect 2023 GGR could rebound to 40 per cent of pre-pandemic levels. In 2019, Macau reported full-year gross gambling revenue of MOP292.4bn (US$36.1bn).<\/p>\n","protected":false},"excerpt":{"rendered":" Macau registered 381,000 visitor arrivals in June, down 36.6 per cent month-on-month and down 28 per cent from 2021.<\/p>\n","protected":false},"author":176,"featured_media":25802,"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 experienced a significant decline in June visitor arrivals, down 36.6% month-on-month and 28% year-on-year, due to a severe COVID-19 outbreak and subsequent casino closures. Analysts project Macau casino operators will incur approximately US$800 million in EBITDA losses for 2022, with a potential GGR rebound to 40% of pre-pandemic levels in 2023.","focusai_entities":"Statistics and Census Service (DSEC), Macau Government Tourism Office, Maria Helena de Senna Fernandes, JP Morgan Securities","focusai_location":"Macau, China, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Q3 GGR?","query":"What is the projected Gross Gaming Revenue (GGR) impact for Macau casino operators in Q3 2022, considering the extended operational disruptions?"},{"label":"Liquidity for Operators?","query":"How are Macau's concessionaires managing liquidity and debt covenants given the sustained operational losses and reduced cash flow?"}],"footnotes":""},"categories":[157,16338],"tags":[23907,23906],"class_list":["post-31913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31913","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=31913"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31913\/revisions"}],"predecessor-version":[{"id":31956,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31913\/revisions\/31956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25802"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}