The daily run rate was MOP533m, similar to July’s figures.<\/p>\n\n\n\n\n\n\n\n
Macau.- Analysts at\u00a0JP Morgan Securities (Asia Pacific)\u00a0<\/strong>have reported that market-wide casino gross gaming revenue (GGR) in\u00a0Macau reached MOP3.2bn (US$400m)<\/strong>\u00a0in the first six days of August. This translates to a daily run-rate of over MOP533m, slightly below July’s MOP537m.<\/p>\n\n\n\n JP Morgan projects mass-market GGR will reach 90 per cent of pre-Covid-19 levels by October.\u00a0S&P Global Ratings<\/a>\u00a0have anticipated that this year\u2019s mass-market GGR will reach 85 per cent to 90 per cent of the 2019 levels.<\/p>\n\n\n\n According to the ratings agency, the market-wide mass-market revenue in the last quarter has already climbed to 86 per cent of the levels observed in the second quarter of 2019. Additionally, revenue from VIP punters has surged to 35 per cent of pre-pandemic levels, showcasing the sector’s adaptability and potential for further growth.<\/p>\n\n\n\n In July,\u00a0the city recorded its best monthly performance since January 2020<\/a>, at the beginning of the Covid-19 pandemic. GGR was MOP16.66bn (US$2.07bn), up 9.6 per cent\u00a0month-on-month<\/a>\u00a0and up 4,083 per cent year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":" The daily run rate was MOP533m, similar to July’s figures.<\/p>\n","protected":false},"author":176,"featured_media":27875,"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 gross gaming revenue (GGR) reached MOP3.2bn (US$400m) in the first six days of August, with a daily run-rate of MOP533m, consistent with July's performance. Analysts from JP Morgan and S&P Global Ratings project mass-market GGR to recover to 85-90% of pre-Covid-19 levels by October, while VIP revenue stands at 35% of pre-pandemic figures. This indicates a robust recovery trajectory for the jurisdiction's gaming sector.","focusai_entities":"JP Morgan Securities (Asia Pacific), S&P Global Ratings","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"VIP Segment Recovery Drivers?","query":"Given the strong mass-market recovery, what are the specific drivers contributing to the VIP segment's slower rebound to 35% of pre-pandemic levels, and what regulatory or market shifts might accelerate this?"},{"label":"GGR Impact on M&A?","query":"How do the current GGR run-rates and analyst projections for Macau impact the capital expenditure and M&A strategies of major concessionaires in the region?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23906],"class_list":["post-777007996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007996","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=777007996"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007996\/revisions"}],"predecessor-version":[{"id":777008027,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007996\/revisions\/777008027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}