{"id":34932,"date":"2022-10-31T12:37:52","date_gmt":"2022-10-31T15:37:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=34932"},"modified":"2026-04-23T03:25:43","modified_gmt":"2026-04-23T06:25:43","slug":"chinas-resumption-of-e-visas-to-boost-ebitda-in-macau-analysts","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/chinas-resumption-of-e-visas-to-boost-ebitda-in-macau-analysts","title":{"rendered":"China’s resumption of e-visas to boost EBITDA in Macau \u2013 analysts"},"content":{"rendered":"\n

China will begin to process applications for exit e-visas to visit Macau for individual or group travel on Tuesday (November 1).<\/p>\n\n\n\n\n\n\n\n

Macau.- The analyst DS Kim <\/strong>of JP Morgan Securities (Asia Pacific)<\/strong> has suggested that the return of electronically-issued exit visas for Chinese residents<\/a> from tomorrow (November 1) will be a significant step towards Macau\u2019s normalisation. He noted that it will reduce friction for Macau trips <\/strong>as there will be no need to book an application in advance, no interviews and no need to wait more than seven days for approval.<\/p>\n\n\n\n

Kim expressed confidence in a gradual but significant recovery from December<\/strong>. He suggested Macau’s gaming sector could reach positive earnings before interest, tax, depreciation and amortization (EBITDA) and about 35 per cent of pre-pandemic mass gross gaming revenue (GGR).<\/p>\n\n\n\n

However, there are still multiple testing requirements for travellers<\/strong> and general tourism sentiment in mainland China remains pessimistic on fears of a new outbreak of Covid-19 cases.<\/p>\n\n\n\n

China\u2019s National Immigration Administration today confirmed the resumption of the e-visa system<\/a> from tomorrow. Applicants will still need to present themselves in person at the appropriate office in order to register their electronic application. According to the announcement, “the e-application\u2026 requires the applicant to have a valid Hong Kong\/Macau entry permit without having to submit any paper materials.\u201d<\/p>\n\n\n\n

The immigration department warned that anyone who has travelled from or lived in places of mid- and high-risk of Covid-19 infection cannot use the e-visa. The statement also advised citizens to \u201cstay aware of the Covid-19 prevention and control measures in the mainland and in Macau\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"

China will begin to process applications for exit e-visas to visit Macau for individual or group travel on Tuesday (November 1).<\/p>\n","protected":false},"author":176,"featured_media":26697,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"China will resume processing e-visas for individual and group travel to Macau from November 1, a move JP Morgan analyst DS Kim views as a significant step towards market normalization. Kim projects a gradual recovery from December, with Macau's gaming sector potentially reaching positive EBITDA and 35% of pre-pandemic mass Gross Gaming Revenue (GGR). However, persistent COVID-19 testing requirements and cautious tourism sentiment in mainland China remain mitigating factors.","focusai_entities":"JP Morgan Securities (Asia Pacific), DS Kim, China\u2019s National Immigration Administration","focusai_location":"China, Macau, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.95), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"E-visa Impact on GGR","query":"What is the projected timeline for Macau's mass GGR to exceed 35% of pre-pandemic levels, considering the persistent COVID-19 testing requirements and mainland China's tourism sentiment?"},{"label":"Operator Readiness for Influx","query":"How are Macau's integrated resorts adjusting their operational capacity, staffing levels, and marketing strategies to capitalize on the anticipated increase in visitation post-e-visa resumption?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-34932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34932","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=34932"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34932\/revisions"}],"predecessor-version":[{"id":34967,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34932\/revisions\/34967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26697"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}