{"id":32664,"date":"2022-08-16T02:11:27","date_gmt":"2022-08-16T05:11:27","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=32664"},"modified":"2026-04-23T05:52:42","modified_gmt":"2026-04-23T08:52:42","slug":"macau-ggr-up-120-between-august-8-and-14","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-120-between-august-8-and-14","title":{"rendered":"Macau GGR up 120% between August 8 and 14"},"content":{"rendered":"\n

Macau recorded daily casino gross gaming revenue of MOP79m (US$9.8m) for the week ending August 14.<\/p>\n\n\n\n\n\n\n\n

Macau.-\u00a0Sanford C. Bernstein Ltd<\/strong>\u00a0has reported that Macau’s gross gaming revenue for the week ending August 14 was up 120 per cent when compared to the average daily rate in the first week of the month (MOP36m).<\/p>\n\n\n\n

According to analysts, total gaming revenue for August stands at approximately MOP800m (US$99m), which is just 7 per cent of what was reported in August 2019 before the epidemic.<\/p>\n\n\n\n

The recovery in GGR terms comes after an easing of restrictions on inbound and outbound travel earlier in August. However, Sanford C. Bernstein pointed out: “The pace of gross gaming revenue recovery is still uncertain due to the remaining travel restrictions across feeder Chinese provinces, risks of Covid-19 infection resurgence, and (prolonged) stringent 24-hour Covid-19 test validity to cross the border with China.\u201d<\/p>\n\n\n\n

Sanford Bernstein expects\u00a0Macau’s average daily GGR for August to be up 549 per cent month-over-month<\/strong>. However, it said results \u201ccould still be lower\u201d if new Covid-19 outbreaks occur in Macau or mainland China.<\/p>\n\n\n\n

In July,\u00a0GGR was down 83.9 per cent<\/a>\u00a0<\/strong>month-on-month from MOP2.48bn to MOP398m (US$49.2m). The figure was down 95.3 per cent when compared to July 2021. It was the lowest GGR since 2003 when city authorities began publishing monthly figures. Macau\u2019s GGR for the\u00a0first seven months of 2022\u00a0<\/strong>combined stands at MOP26.6bn (US$3.29bn), down 53.6 per cent year-on-year.<\/p>\n\n\n\n

Since August 9<\/a>, nucleic acid tests (NATs) have been required upon arrival and again after two days for visitors who arrive directly by air or sea from mainland China. Those\u00a0arriving from Zhuhai must hold a negative Covid-19 result\u00a0<\/strong>issued in the last 48 hours. People flying or sailing from anywhere else on the mainland will need a test certificate issued no more than seven days before departure.<\/p>\n\n\n\n

The Macau Novel Coronavirus Response and Coordination Center said that it adopted the new Covid-19 testing rules in response to \u201cchanges in the mainland\u2019s pandemic situation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau recorded daily casino gross gaming revenue of MOP79m (US$9.8m) for the week ending August 14.<\/p>\n","protected":false},"author":176,"featured_media":21776,"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 daily casino Gross Gaming Revenue (GGR) for the week ending August 14 reached MOP79m (US$9.8m), marking a 120% increase from the first week of August, following eased travel restrictions. Despite this recovery, total August GGR remains significantly below 2019 levels, with ongoing uncertainty due to persistent travel restrictions, COVID-19 resurgence risks, and stringent testing requirements impacting inbound visitation from mainland China.","focusai_entities":"Sanford C. Bernstein Ltd, Macau Novel Coronavirus Response and Coordination Center","focusai_location":"Macau, China, Zhuhai","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), operator_casino (0.98), investor_analyst (0.97), supplier_vendor (0.85), journalist_researcher (0.92)","focusai_suggestions":[{"label":"Macau GGR Outlook?","query":"What is the projected GGR trajectory for Macau through Q4 2022, considering the persistent travel restrictions and potential for further COVID-19 outbreaks in feeder markets?"},{"label":"Regulatory Impact Analysis?","query":"How do the current and anticipated regulatory frameworks, particularly regarding cross-border travel and health protocols, compare to other major gaming jurisdictions in terms of their impact on GGR recovery?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23906],"class_list":["post-32664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32664","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=32664"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32664\/revisions"}],"predecessor-version":[{"id":32699,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32664\/revisions\/32699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21776"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=32664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=32664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=32664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}