{"id":5372,"date":"2020-04-07T12:48:24","date_gmt":"2020-04-07T12:48:24","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=5372"},"modified":"2026-04-24T06:20:19","modified_gmt":"2026-04-24T09:20:19","slug":"macau-gaming-revenues-forecast","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-revenues-forecast","title":{"rendered":"Macau gaming revenues forecast halved"},"content":{"rendered":"\n<p>The government has reduced its 2020 Macau gross gaming forecast by half to 130 billion patacas ($16 billion).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Authorities have slashed their predictions for Macau gaming revenues after a poor start to the year. <\/p>\n\n\n\n<p>The government has reduced its 2020 Macau gross gaming forecast by half to 130 billion patacas ($16 billion), compared with the prior estimate of 260 billion patacas.&nbsp;<\/p>\n\n\n\n<p>The impact of the Coronavirus outbreak, a slowdown in China and the trade war between Beijing and Washington, are all said to be factors in Macau&#8217;s poor performance. <\/p>\n\n\n\n<p><strong><em>Gaming revenues in February decreased<\/em><\/strong> by 87.8% to 3.1 billion patacas ($387 million) due to Coronavirus pandemic, which saw all casinos in the country closed for two weeks.<\/p>\n\n\n\n<p>Those casinos have now resumed operations after with 37 casinos and 5,400 casino gaming tables open, representing 80 per cent of total market capacity.&nbsp;<\/p>\n\n\n\n<p>China continues to limit individual and group visas to the region, while Macau itself has put restrictions on all non-residents who have recently travelled abroad. The government has also enforced body temperature checks at casino entrances.<\/p>\n\n\n\n<p>The local government in Macau is trying to boost spending by giving vouchers worth US$ 375 to citizens. <\/p>\n\n\n\n<p>Analysts said last week that Macau <a href=\"https:\/\/focusgn.com\/asia-pacific\/debt-macau-casinos\"><strong><em>still has six months of breathing room<\/em><\/strong><\/a> to fight the economic downturn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has reduced its 2020 Macau gross gaming forecast by half to 130 billion patacas ($16 billion).<\/p>\n","protected":false},"author":2,"featured_media":4704,"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 government has halved its 2020 gross gaming revenue (GGR) forecast to 130 billion patacas ($16 billion) due to the severe impact of the Coronavirus pandemic, a slowdown in China, and the US-China trade war. February GGR plummeted 87.8%, necessitating operational adjustments and government stimulus measures, though analysts suggest a six-month buffer for economic recovery.","focusai_entities":"","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Recovery Outlook","query":"What are the revised consensus GGR forecasts for Macau beyond 2020, and what specific policy shifts or market re-openings are critical for achieving these projections?"},{"label":"Concessionaire Financial Resilience","query":"How are Macau's concessionaires leveraging balance sheet strength and operational efficiencies to navigate the severe GGR contraction, and what are the implications for their long-term capital allocation strategies?"}],"footnotes":""},"categories":[160,161,16338,163,158],"tags":[512,257],"class_list":["post-5372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-daily-news","category-east-asia-news","category-finance-news","category-slider-home","tag-gaming","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5372","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=5372"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5372\/revisions"}],"predecessor-version":[{"id":777021351,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5372\/revisions\/777021351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/4704"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=5372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=5372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=5372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}