a new phase with the aim of resuming activities<\/a>. However, there will be no easing of the travel rules with the neighbouring mainland Chinese city of Zhuhai for now.\u00a0<\/p>\n\n\n\nSince June 19, Macau has recorded 1,800 cases of Covid-19. However, there were no new positive Covid-19 cases reported yesterday (July 21), according to health authorities.<\/p>\n\n\n\n
Macau casinos likely to end 2022 with US$800m in EBITDA losses<\/h2>\n\n\n\n
Analysts at JP Morgan Securities<\/strong> have published a report estimating that Macau casino operators will end the year with approximately US$800m in EBITDA losses due to the most recent outbreak of Covid-19 cases.<\/p>\n\n\n\nThe brokerage had previously predicted EBITDA of US$991m and a GGR of US$7bn. However, analysts now predict that Macau\u2019s casino gross gaming revenue <\/strong>(GGR) will reach only 19 per cent of 2019 levels this year.<\/p>\n","protected":false},"excerpt":{"rendered":"The Gaming Inspection and Coordination Bureau is inspecting facilities and closely monitoring preventive measures as Macau’s casinos prepare to reopen.<\/p>\n","protected":false},"author":176,"featured_media":26802,"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 casinos are set to reopen with strict health protocols after a two-week closure, with the Gaming Inspection and Coordination Bureau (DICJ) conducting compliance inspections. Despite the reopening, analysts from JP Morgan Securities project significant EBITDA losses of US$800m for Macau operators in 2022, revising GGR forecasts down to 19% of 2019 levels due to the recent COVID-19 outbreak and ongoing travel restrictions.","focusai_entities":"Gaming Inspection and Coordination Bureau, DICJ, JP Morgan Securities","focusai_location":"Macau, Zhuhai","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.85), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What specific factors beyond the immediate COVID-19 outbreak are contributing to JP Morgan's revised GGR forecast of 19% of 2019 levels, and what is the projected timeline for a more substantial recovery in Macau's gaming market?"},{"label":"Regulatory Compliance Impact","query":"How will the stringent operational and health compliance measures enforced by the DICJ impact the long-term cost structures and operational efficiencies of Macau's gaming concessionaires, particularly concerning staffing and facility management?"}],"footnotes":""},"categories":[28,16338,158],"tags":[20582,23906],"class_list":["post-31999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","category-slider-home","tag-dicj","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31999","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=31999"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31999\/revisions"}],"predecessor-version":[{"id":32038,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31999\/revisions\/32038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26802"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}