{"id":32041,"date":"2022-07-25T02:52:27","date_gmt":"2022-07-25T05:52:27","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=32041"},"modified":"2026-04-23T06:35:50","modified_gmt":"2026-04-23T09:35:50","slug":"macau-casinos-reopen-but-the-outlook-isnt-good","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-casinos-reopen-but-the-outlook-isnt-good","title":{"rendered":"Macau casinos reopen but the outlook isn’t good"},"content":{"rendered":"\n

The majority of Macau’s casinos have reopened on a limited basis but business remains low due to travel restrictions in mainland China.<\/p>\n\n\n\n\n\n\n\n

Macau.- Casinos in Macau were allowed to resume operations on Saturday (July 23) at 50 per cent of normal staffing following two weeks of closure<\/a> due to Macau’s latest Covid-19 outbreak. However, there was\u00a0very little activity <\/strong>over the weekend and it’s unlikely that the situation will improve while travel restrictions with Zhuhai remain.<\/p>\n\n\n\n

People travelling inbound from Zhuhai to Macau must present a certificate showing a negative Covid-19 result issued in the last 48 hours. Those heading the other way need a negative test certificate issued in the last 24 hours and must undergo a seven-day quarantine in a government-designated facility upon arrival.<\/p>\n\n\n\n

Macau has reported 1,810 Covid-19 cases\u00a0since June 19.<\/a>\u00a0The government reported five new infections on Saturday but no community cases. In mainland China, 20 provinces, including Guangdong, have reported new Covid-19 cases in recent weeks.<\/p>\n\n\n\n

In June, the Statistics and Census Service (DSEC) <\/strong>reported that 381,000 tourists arrived in Macau<\/a>. The figure was down 36.6 per cent month-on-month and down 28 per cent year-on-year.<\/p>\n\n\n\n

Macau 2023 GGR could reach 60% of pre-pandemic levels<\/h2>\n\n\n\n

Analysts at\u00a0Morningstar\u00a0<\/strong>have predicted that Macau\u2019s casino\u00a0gross gaming revenue\u00a0<\/strong>(GGR) will reach only 20 per cent of 2019 levels this year. They expect 2023 GGR could rebound to 60 per cent of pre-pandemic levels.<\/p>\n\n\n\n

The US financial services firm had previously predicted that Macau\u2019s GGR for this year could reach 40 per cent of 2019 levels but it lowered its forecast amid the latest outbreak of Covid-19 cases.<\/p>\n","protected":false},"excerpt":{"rendered":"

The majority of Macau’s casinos have reopened on a limited basis but business remains low due to travel restrictions in mainland China.<\/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 casinos have partially reopened at 50% staffing after a two-week closure, but business remains critically low due to stringent travel restrictions with mainland China. Morningstar analysts have consequently revised Macau's 2022 Gross Gaming Revenue (GGR) forecast down to 20% of 2019 levels, with 2023 projected to reach 60% of pre-pandemic figures.","focusai_entities":"Morningstar, Statistics and Census Service (DSEC)","focusai_location":"Macau, China, Zhuhai, Guangdong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What specific policy changes or easing of travel restrictions would be required for Macau's GGR to exceed Morningstar's 2023 forecast of 60% of pre-pandemic levels, and what is the probability of such changes occurring within the next 12-18 months?"},{"label":"Operational Viability","query":"How are Macau's integrated resorts managing fixed operational costs, workforce retention strategies, and liquidity given the sustained low GGR and 50% staffing limitations, and what are the implications for their balance sheets?"}],"footnotes":""},"categories":[28,16338,158],"tags":[23906],"class_list":["post-32041","post","type-post","status-publish","format-standard","hentry","category-casino-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32041","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=32041"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32041\/revisions"}],"predecessor-version":[{"id":32079,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32041\/revisions\/32079"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=32041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=32041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=32041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}