{"id":777006659,"date":"2023-06-27T07:15:03","date_gmt":"2023-06-27T10:15:03","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777006659"},"modified":"2026-04-22T20:36:30","modified_gmt":"2026-04-22T23:36:30","slug":"macau-ggr-for-first-18-days-of-june-estimated-at-us63-24m-per-day","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-for-first-18-days-of-june-estimated-at-us63-24m-per-day","title":{"rendered":"Macau GGR for first 18 days of June estimated at US$63.24m per day"},"content":{"rendered":"\n<p>Analysts at JP Morgan Chase &amp; Co say Macau GGR is likely to remain flat in June.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Analysts at JP Morgan Chase &amp; Co have predicted that Macau&#8217;s casino gross gaming revenue (GGR) will maintain stable in June,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-5-7-month-on-month-in-may\" target=\"_blank\">following strong performance in May<\/a>.\u00a0According to gaming and lodging analysts <strong>Joe Greff <\/strong>and<strong> Ryan Lambert<\/strong>, GGR for the first 18 days of June averaged approximately <strong>MOP527m (US$63.24m) per day<\/strong>.<\/p>\n\n\n\n<p>That would be &#8220;flattish&#8221; compared to May&#8217;s MOP15.57bn (US$1.93bn) but would represent approximately 65 per cent of the GGR levels recorded in June 2019. The analysts highlighted that if June&#8217;s GGR matches May&#8217;s, second-quarter GGR in Macau would reach approximately 62 per cent of pre-pandemic levels in 2019. It would also indicate 85 per cent of pre-pandemic mass play.\u00a0<\/p>\n\n\n\n<p>Steady performance would demonstrate a positive trend, considering the historical average decline of 14 per cent from May to June in 2007 to 2022 (excluding 2020). The financial institution noted that it would suggest an improvement in visitation trends, which typically drive base mass volumes. <\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-collects-us2-6m-in-gaming-tax-revenue-from-january-to-may\" rel=\"noreferrer noopener\">Macau collects US$2.6m in gaming tax revenue from January to May<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysts at JP Morgan Chase &amp; Co say Macau GGR is likely to remain flat in June.<\/p>\n","protected":false},"author":176,"featured_media":19870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Analysts at JP Morgan Chase & Co predict Macau's Gross Gaming Revenue (GGR) will remain stable in June, following a strong May performance. This flat GGR, averaging MOP527m daily, is positive given historical seasonal declines and indicates Macau's GGR is recovering to approximately 65% of June 2019 levels, with mass play at 85% of pre-pandemic volumes.","focusai_entities":"JP Morgan Chase & Co, Joe Greff, Ryan Lambert","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Macau GGR Drivers?","query":"What specific visitation segments or gaming verticals are primarily driving the sustained GGR recovery in Macau, particularly within the mass play segment?"},{"label":"Q2 GGR Impact?","query":"How might the projected Q2 GGR performance in Macau influence the capital expenditure plans and operational strategies of major concessionaires for the latter half of the year?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-777006659","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\/777006659","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=777006659"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006659\/revisions"}],"predecessor-version":[{"id":777006691,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006659\/revisions\/777006691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19870"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777006659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777006659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777006659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}