{"id":777012843,"date":"2024-02-02T08:46:39","date_gmt":"2024-02-02T11:46:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012843"},"modified":"2026-04-22T13:24:17","modified_gmt":"2026-04-22T16:24:17","slug":"macau-daily-ggr-to-reach-us81m-during-chinese-new-year-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-daily-ggr-to-reach-us81m-during-chinese-new-year-analysts-say","title":{"rendered":"Macau daily GGR to reach US$81m during Chinese New Year, analysts say"},"content":{"rendered":"\n<p>JP Morgan predicts daily gross gaming revenue of MOP650m.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Analysts at JP Morgan predict daily gross gaming revenue (GGR) of MOP650m (US$81m) during Chinese New Year, surpassing January&#8217;s average of MOP624m. DS Kim, Mufan Shi and Selina Li anticipate a strong presence of gaming patrons, noting existing bookings for complimentary rooms and &#8220;record-high quality&#8221; that could translate into a 120 per cent recovery in mass GGR compared to Chinese New Year 2019.<\/p>\n\n\n\n<p>January&#8217;s <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-67-in-january\" target=\"_blank\" rel=\"noreferrer noopener\">GGR of MOP19.34bn (US$2.4bn)<\/a> was up 67 per cent year-on-year and represented the second-best monthly performance since the Covid-19 pandemic. It marked a recovery to 78 per cent recovery of 2019 levels. &lt;ass-market revenue is believed to have reached at least 110 per cent of pre-pandemic levels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JP Morgan predicts daily gross gaming revenue of MOP650m.<\/p>\n","protected":false},"author":176,"featured_media":777011925,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"JP Morgan analysts project Macau's daily Gross Gaming Revenue (GGR) to reach MOP650m during Chinese New Year, exceeding January's MOP624m average. This forecast, driven by strong patron presence and high-quality bookings, suggests a 120% recovery in mass GGR compared to Chinese New Year 2019, with January's overall GGR marking a 78% recovery of 2019 levels.","focusai_entities":"JP Morgan, DS Kim, Mufan Shi, Selina Li","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Mass GGR Sustainability","query":"Given the projected 120% recovery in mass GGR, what are the underlying drivers beyond Chinese New Year seasonality that suggest this growth is sustainable, and what are the potential risks to this trajectory?"},{"label":"VIP Segment Recovery","query":"While mass GGR shows strong recovery, what are JP Morgan's expectations for the VIP segment's contribution to overall GGR, and how does this compare to pre-pandemic levels and the mass market's performance?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777012843","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\/777012843","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=777012843"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012843\/revisions"}],"predecessor-version":[{"id":777012875,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012843\/revisions\/777012875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777011925"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}