{"id":32856,"date":"2022-08-23T02:03:30","date_gmt":"2022-08-23T05:03:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=32856"},"modified":"2026-04-23T05:38:59","modified_gmt":"2026-04-23T08:38:59","slug":"macau-ggr-up-9-between-august-15-and-21","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-9-between-august-15-and-21","title":{"rendered":"Macau GGR up 9% between August 15 and 21"},"content":{"rendered":"\n<p>Macau\u2019s daily gross gambling revenue (GGR) was up 9 per cent week-on-week at MOP86m ($11m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-\u00a0<strong>Sanford C. Bernstein Ltd<\/strong>\u00a0has reported that last week&#8217;s gross gaming revenue in Macau was up 9 per cent\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-120-between-august-8-and-14\" target=\"_blank\">when compared to the previous week<\/a>, rising from MOP79m (US$9.8m) to MOP86m (US$11m). Macau&#8217;s month-to-date average daily rate stands at MOP1.4bn (US$172m), down 91 per cent when compared to pre-pandemic levels and down 53 per cent year-on-year.<\/p>\n\n\n\n<p>Analysts Vitaly Umansky, Louis Li and Shirley Yang stated: &#8220;The recovery is still slow as constrained by various travel restrictions in China, and players remaining cautious on travel (in fear of government suddenly imposing lockdown order like in Sanya of Hainan province).&#8221;<\/p>\n\n\n\n<p>They added: &#8220;Although Macau has recorded zero Covid cases since July 30, and has seen some visitation improvement this month, the pace of GGR recovery in August and September is still uncertain and largely dependent on whether China can quickly contain the regional Covid outbreaks.&#8221;<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-could-reach-us185-7m-in-august-analysts-say\" target=\"_blank\">Analysts at Citibank<\/a>\u00a0have forecast that Macau\u2019s\u00a0<strong>GGR for August<\/strong>\u00a0could rise 376 per cent month-over-month to MOP 1.5bn (US$185.7m). That figure would be one third of what was recorded in August 2021.<\/p>\n\n\n\n<p>Sanford Bernstein previously predicted that Macau\u2019s average daily GGR for August could increase by 549 per cent month-on-month. However, it said results may be lower if there are new Covid-19 outbreaks in Macau or mainland China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau\u2019s daily gross gambling revenue (GGR) was up 9 per cent week-on-week at MOP86m ($11m).<\/p>\n","protected":false},"author":176,"featured_media":16789,"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 gross gambling revenue (GGR) increased 9% week-on-week to MOP86m ($11m), as reported by Sanford C. Bernstein Ltd. However, month-to-date GGR remains significantly down by 91% compared to pre-pandemic levels, with analysts citing ongoing travel restrictions and COVID-19 outbreak concerns in China as primary impediments to a robust recovery. Citibank and Sanford Bernstein have provided varying August GGR forecasts, contingent on regional pandemic containment.","focusai_entities":"Sanford C. Bernstein Ltd, Vitaly Umansky, Louis Li, Shirley Yang, Citibank","focusai_location":"Macau, China, Sanya, Hainan province","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Accelerate GGR Recovery?","query":"Given the persistent travel restrictions and potential for new lockdowns, what specific policy interventions or market stimuli could accelerate Macau's GGR recovery beyond current analyst forecasts?"},{"label":"Operator Strategy Adjustments?","query":"How are Macau's integrated resort operators adjusting their capital expenditure and operational strategies in response to the prolonged GGR volatility and the shift in visitation patterns from pre-pandemic levels?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23907,23906],"class_list":["post-32856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32856","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=32856"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32856\/revisions"}],"predecessor-version":[{"id":32887,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32856\/revisions\/32887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16789"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=32856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=32856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=32856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}