{"id":777015479,"date":"2024-05-14T09:25:45","date_gmt":"2024-05-14T12:25:45","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777015479"},"modified":"2026-04-22T10:17:18","modified_gmt":"2026-04-22T13:17:18","slug":"macau-daily-ggr-reaches-us89m-in-first-12-days-of-may","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-daily-ggr-reaches-us89m-in-first-12-days-of-may","title":{"rendered":"Macau daily GGR reaches US$89m in first 12 days of May"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">JP Morgan Securities (Asia Pacific) expects May GGR to reach between MOP$19.5bn to MOP$20bn.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.- Analysts at<strong> JP Morgan Securities (Asia Pacific)<\/strong> have estimated that\u00a0Macau\u2019s\u00a0daily average gross gaming revenue (GGR) for the first 12 days of May\u00a0was<strong> MOP716m (US$89m)<\/strong>.\u00a0Analysts <strong>DS Kim<\/strong>, <strong>Mufan Shi<\/strong> and <strong>Selina Li <\/strong>said GGR reached MOP8.6bn (US$1.07bn) in the May 1 to 12 period, suggesting a \u201cpost-holiday slowdown.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The current daily run rate would stand at MOP578m compared to MOP910m during the May Golden Week. This is a 6-per cent decline from April (MOP618m) but falls within the expected range given the usual slowdown that occurs after a holiday. Tehe analysts have kept their May GGR forecast at MOP19.5bn to MOP20.0bn (US$2.42bn to US$2.48bn), 75 per cent of pre-Covid-19\u00a0levels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In April, GGR was down 4.9 per cent\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-53-1-in-march\" target=\"_blank\" rel=\"noreferrer noopener\">month-on-month<\/a>\u00a0at MOP18.5bn (US$2.29bn).\u00a0The figure was\u00a0up 26 per cent\u00a0when\u00a0compared to April 2023 but down 21.4 per cent from the MOP23.6bn (US$2.91bn) reported in April 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JP Morgan Securities (Asia Pacific) expects May GGR to reach between MOP$19.5bn to MOP$20bn.<\/p>\n","protected":false},"author":176,"featured_media":0,"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 Securities (Asia Pacific) projects Macau's May GGR to reach MOP$19.5bn to MOP$20bn, representing 75% of pre-Covid-19 levels. This forecast is maintained despite a post-Golden Week slowdown, with the daily average GGR for the first 12 days of May at MOP716m, indicating a 6% decline from April but within expected seasonal fluctuations.","focusai_entities":"JP Morgan Securities (Asia Pacific), DS Kim, Mufan Shi, Selina Li","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (1.0), affiliate_publisher (0.7), product_ux (0.7), tech_data (0.7), marketing_crm (0.8), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What are the key drivers supporting JP Morgan's maintained May GGR forecast for Macau, despite the observed post-Golden Week slowdown, and what are the potential upside or downside risks to this projection?"},{"label":"Recovery Trajectory","query":"How does Macau's current GGR recovery trajectory, specifically reaching 75% of pre-Covid-19 levels, compare to other major global gaming jurisdictions, and what implications does this have for long-term market rebalancing?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23906],"class_list":["post-777015479","post","type-post","status-publish","format-standard","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\/777015479","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=777015479"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015479\/revisions"}],"predecessor-version":[{"id":777015511,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015479\/revisions\/777015511"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}