{"id":777009143,"date":"2023-09-12T08:35:42","date_gmt":"2023-09-12T11:35:42","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777009143"},"modified":"2026-04-22T18:10:40","modified_gmt":"2026-04-22T21:10:40","slug":"macau-ggr-falls-in-first-10-days-of-september","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-falls-in-first-10-days-of-september","title":{"rendered":"Macau GGR falls in first 10 days of September"},"content":{"rendered":"\n<p>Extreme weather significantly impacted Macau&#8217;s casino gross gaming revenue.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Analysts at\u00a0<strong>JP Morgan Securities (Asia Pacific)\u00a0<\/strong>have reported that Macau\u2019s casino gross gaming revenue (GGR) for the first ten days of September was<strong> MOP4.30bn<\/strong> (US$530m). That makes a daily run-rate of MOP430m.\u00a0<\/p>\n\n\n\n<p>This figure represents a decline from the daily run-rates of approximately MOP550m. The primary factors are extreme weather events, including <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-casinos-reopen-after-super-typhoon-saola-moves-away\">Typhoon Saola<\/a> in the initial week of September and heavy rainstorms in the following weeks, as well as the usual seasonal decline after the August holiday period.<\/p>\n\n\n\n<p>Analysts at JP Morgan expect GGR for September to contract by 15 per cent to 20 per cent month-on-month to a range of MOP14.0bn to MOP14.5bn. This corresponds to a daily range of MOP465m to MOP480m, compared to the consensus estimate of MOP15.8bn (MOP525m per day) at the beginning of the month. <\/p>\n\n\n\n<p>However, the industry expects a rebound in October Golden Week, historically a strong period for Macau&#8217;s tourism and gaming sectors.\u00a0<strong>Maria Helena de Senna Fernandes<\/strong>, the director of the Macao Government Tourism Office (MGTO), expects to see\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-expects-80000-to-90000-daily-visitors-during-october-golden-week\" target=\"_blank\">a daily influx of 80,000 to 90,000 visitors<\/a>\u00a0during the holidays, from September 29 to October 6 inclusive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Extreme weather significantly impacted Macau&#8217;s casino gross gaming revenue.<\/p>\n","protected":false},"author":176,"featured_media":32939,"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 casino Gross Gaming Revenue (GGR) for early September declined significantly to MOP4.30bn (US$530m), with a daily run-rate of MOP430m, primarily due to extreme weather events and post-August seasonal slowdown. JP Morgan analysts have revised down their September GGR forecast to MOP14.0bn-MOP14.5bn, though a rebound is anticipated for the October Golden Week with high visitor influx expectations.","focusai_entities":"JP Morgan Securities (Asia Pacific), Macao Government Tourism Office (MGTO), Maria Helena de Senna Fernandes","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q3 Earnings Impact?","query":"What is the projected impact of the revised September GGR forecast on the Q3 earnings guidance for Macau's listed concessionaires?"},{"label":"Golden Week Strategy?","query":"How are Macau's integrated resorts recalibrating their staffing, marketing, and VIP junket engagement strategies to maximize yield during the October Golden Week, given the recent GGR volatility?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777009143","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\/777009143","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=777009143"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009143\/revisions"}],"predecessor-version":[{"id":777009167,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009143\/revisions\/777009167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/32939"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777009143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}