Macau’s September casino revenue was MOP14.94bn.<\/p>\n\n\n\n\n\n\n\n
Macau.- The Gaming Inspection and Coordination Bureau has reported that Macau\u2019s GGR for September was down 13.2 per cent\u00a0month-on-month<\/a>\u00a0from MOP17.21bn (US$2.13bn) to MOP14.94bn (US$1.85bn). However, GGRT was up 404.2 per cent year-on-year<\/p>\n\n\n\n Macau’s gaming sector was affected by extreme weather in September. Typhoon Saola caused the closure of gaming establishments for about nine hours on September 2. Cumulatively,\u00a0Macau’s GGR for the first nine months of 2023 was MOP128.95bn, up 305.3 per cent compared to the same period in 2022.<\/p>\n\n\n\n Morgan Stanley Asia\u00a0expects Macau GGR for the Golden Week holiday<\/a>\u00a0could be 17 per cent higher\u00a0than for the rest of October. The Macao Government Tourism Office (MGTO) raised its daily visitor arrival forecast by more than 10 per cent and expects\u00a0an average of \u201cover 100,000\u201d visitors daily<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Macau’s September casino revenue was MOP14.94bn.<\/p>\n","protected":false},"author":176,"featured_media":777009898,"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 September Gross Gaming Revenue (GGR) registered MOP14.94bn, marking a 13.2% month-on-month decline attributed to extreme weather, specifically Typhoon Saola. Despite this, the GGR demonstrated a robust 404.2% year-on-year increase, contributing to a cumulative MOP128.95bn for the first nine months of 2023, up 305.3% from the prior year, with positive forecasts for the upcoming Golden Week and visitor arrivals.","focusai_entities":"Gaming Inspection and Coordination Bureau, Morgan Stanley Asia, Macao Government Tourism Office (MGTO)","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Golden Week NGR Impact","query":"What is the projected Net Gaming Revenue (NGR) impact for Macau's integrated resorts during the Golden Week holiday, considering the increased visitor forecast and potential for higher GGR per visitor segment?"},{"label":"Operational Resilience Strategy","query":"How are Macau's concessionaires enhancing their operational resilience and governance frameworks to mitigate future force majeure events and minimize GGR disruption across gaming verticals?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-777009781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009781","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=777009781"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009781\/revisions"}],"predecessor-version":[{"id":777041222,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009781\/revisions\/777041222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777009898"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777009781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}