{"id":777001688,"date":"2023-01-23T13:06:24","date_gmt":"2023-01-23T16:06:24","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777001688"},"modified":"2026-04-23T01:18:50","modified_gmt":"2026-04-23T04:18:50","slug":"macau-ggr-continues-to-rise-after-lifting-of-restrictions","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-continues-to-rise-after-lifting-of-restrictions","title":{"rendered":"Macau: GGR continues to rise after lifting of restrictions"},"content":{"rendered":"\n<p>Macau\u2019s weekly average gross gaming revenue nearly tripled in the first weeks of the year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Deutsche Bank analysts <strong>Carlo Santarelli&nbsp;<\/strong>and<strong>&nbsp;Steven Pizella<\/strong> have reported that Macau&#8217;s average weekly gross gaming revenue (GGR) has nearly tripled since Covid-19 restrictions were lifted. GGR has risen from MOP114m (US$14.1m) at the end of 2022 to MOP263m by January 9 and MOP314m by January 15.<\/p>\n\n\n\n<p>The investment bank has forecast that Macau&#8217;s mass market will reach around 85 per cent of 2019 levels by next year at US$16.6bn, more than half of this year&#8217;s full GGR forecast of US$26bn. It expects the VIP market to grow by US$8.1bn.<\/p>\n\n\n\n<p>For full-year 2022,&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-revenue-down-51-in-2022\" target=\"_blank\">Macau\u2019s casino GGR<\/a>&nbsp;<strong>decreased by 51.4 per cent<\/strong>&nbsp;compared with 2021, falling to MOP42.19bn (US$5.25bn). That\u2019s just 14 per cent of pre-pandemic 2019 and the lowest yearly figure since 2004.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau\u2019s weekly average gross gaming revenue nearly tripled in the first weeks of the year.<\/p>\n","protected":false},"author":176,"featured_media":26764,"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 weekly average Gross Gaming Revenue (GGR) has nearly tripled following the lifting of COVID-19 restrictions, signaling a robust market recovery. Deutsche Bank analysts project the mass market to reach 85% of 2019 levels by next year, contributing significantly to a forecasted US$26bn full-year GGR, with the VIP segment also expected to grow. This rebound follows a record low GGR in 2022.","focusai_entities":"Deutsche Bank, Carlo Santarelli, Steven Pizella","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Mass Market Drivers?","query":"What specific policy changes or market dynamics are driving the accelerated recovery of Macau's mass market GGR beyond initial projections, and how sustainable are these drivers?"},{"label":"VIP Market Alignment?","query":"How do Deutsche Bank's VIP market growth projections align with current junket operational capacities and evolving regulatory compliance frameworks in Macau, particularly concerning capital flows?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777001688","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\/777001688","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=777001688"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001688\/revisions"}],"predecessor-version":[{"id":777001696,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001688\/revisions\/777001696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26764"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777001688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777001688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777001688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}