{"id":777013863,"date":"2024-03-12T08:23:28","date_gmt":"2024-03-12T11:23:28","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777013863"},"modified":"2026-04-22T12:07:55","modified_gmt":"2026-04-22T15:07:55","slug":"macau-ggr-reaches-us760m-in-first-10-days-of-march","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-reaches-us760m-in-first-10-days-of-march","title":{"rendered":"Macau GGR reaches US$760m in first 10 days of March"},"content":{"rendered":"\n<p>Analysts at JP Morgan say Macau\u2019s casino gross gaming revenue reached a daily run-rate of MOP610m.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-\u00a0<strong>JP Morgan Securities<\/strong>\u00a0(Asia Pacific) has estimated that Macau\u2019s casino gross gaming revenue (GGR) for the first 10 days of March was\u00a0<strong>MOP6.1bn (US$760m)<\/strong>. The estimated daily run rate was MOP610m.<\/p>\n\n\n\n<p>According to analysts, the figure is down 3 per cent when compared to the MOP630m daily run-rate in February. The decrease is in line with the historical trend of 4 per cent month-on-month decline. J.P. Morgan analysts estimate mass GGR currently stands at 110 per cent of pre-Covid-19 levels.<\/p>\n\n\n\n<p><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-79-1-in-february\" rel=\"noreferrer noopener\">Macau\u2019s GGR for the first two months of 2024<\/a>&nbsp;was MOP37.82bn, up 72.7 per cent from the prior-year period.<\/p>\n\n\n\n<p><strong>See also:<\/strong>&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-revenue-up-142-9-in-first-two-months-of-the-year\" rel=\"noreferrer noopener\">Macau gaming tax revenue up 142.9% in first two months of the year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysts at JP Morgan say Macau\u2019s casino gross gaming revenue reached a daily run-rate of MOP610m.<\/p>\n","protected":false},"author":176,"featured_media":777013253,"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 estimate Macau's gross gaming revenue (GGR) for the first 10 days of March at MOP6.1bn, with a daily run-rate of MOP610m, representing a 3% month-on-month decline consistent with historical trends. Mass GGR is assessed at 110% of pre-Covid-19 levels, while Macau's year-to-date GGR for January-February 2024 surged 72.7% year-on-year, with gaming tax revenue up 142.9%.","focusai_entities":"JP Morgan, JP Morgan Securities (Asia Pacific)","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), operator_casino (0.95), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Decline Factors?","query":"What specific factors are contributing to the 3% month-on-month GGR decline in early March, and how do these align with broader macroeconomic indicators impacting the Macau market?"},{"label":"VIP Segment Recovery Outlook?","query":"Given the strong year-on-year GGR growth and mass GGR exceeding pre-Covid levels, what is the projected trajectory for VIP segment recovery and its potential impact on overall GGR normalization?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-777013863","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\/777013863","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=777013863"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013863\/revisions"}],"predecessor-version":[{"id":777013897,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013863\/revisions\/777013897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777013253"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}