According to J.P. Morgan, last week was \u201cthe best non-holiday print\u201d in over three years.<\/p>\n\n\n\n\n\n\n\n
Macau.- J.P. Morgan<\/strong> has reported that Macau’s daily gaming revenue <\/strong>last week was about MOP400m (US$49.5m). It described the figure, a 45 per cent recovery of pre-pandemic levels, as the “best non-holiday print” in over three years.<\/p>\n\n\n\n Analysts estimated aggregate GGR for the first 19 days of February at MOP7.2bn, with daily average revenue of MOP375m to MOP380m. The VIP segment reached around 15 per cent of the levels before the Covid-19 pandemic.<\/p>\n\n\n\n A week ago, analysts forecasted that Macau GGR for February<\/a> is likely to exceed MOP9.5bn (US$1.17bn) with an average daily rate of MOP350m. Macau\u2019s January GGR<\/a> saw an increase of 232.6 per cent month-on-month after the end of the zero-Covid policies in mainland China and Macau and a surge in visits during Chinese New Year.<\/p>\n","protected":false},"excerpt":{"rendered":" According to J.P. Morgan, last week was \u201cthe best non-holiday print\u201d in over three years.<\/p>\n","protected":false},"author":176,"featured_media":21513,"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 gaming revenue has shown significant recovery, with J.P. Morgan reporting a daily GGR of MOP400m last week, marking the \"best non-holiday print\" in over three years and a 45% recovery of pre-pandemic levels. Aggregate GGR for the first 19 days of February reached MOP7.2bn, driven by the lifting of zero-Covid policies and Chinese New Year visitation, though the VIP segment remains subdued at 15% of pre-pandemic levels.","focusai_entities":"J.P. Morgan","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"VIP Segment Recovery Outlook?","query":"What is the projected timeline for the VIP segment's recovery to pre-pandemic levels, and what specific policy or market shifts are anticipated to drive this resurgence in Macau?"},{"label":"Macau GGR vs. Global Markets?","query":"How do current GGR recovery rates in Macau compare to other major global gaming jurisdictions post-pandemic, and what unique factors contribute to Macau's distinct trajectory?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-777002611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002611","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=777002611"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002611\/revisions"}],"predecessor-version":[{"id":777002647,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002611\/revisions\/777002647"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21513"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777002611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}