Seaport Research Partners expects Macau’s gross gaming revenue to be up 6.7 per cent when compared to July.<\/p>\n\n\n\n\n\n\n\n
Macau.- Analysts at Seaport Research Partners have forecast that Macau\u2019s gross gaming revenue (GGR) will reach MOP19.84bn (US$2.465bn) in August, up by 6.7 per cent when\u00a0compared to last month and up 15 per cent in year-over-year terms.<\/p>\n\n\n\n
Analyst Vitaly Umansky noted that the August calendar is more favourable than July’s, with 14 weekend days. It could test the strength of Macau’s recovery, as both June and July’s performances were softer than expected. Any significant increase in visitation could boost base mass GGR, but there’s also the risk that significant weather events in the region during the summer could negatively impact revenue and visitation.<\/p>\n\n\n\n
In July<\/a>, Macau casinos generated MOP18.59bn (US$2.31bn) in GGR. The figure was up 5 per cent\u00a0month-on-month<\/a>\u00a0and 11.6 per cent in year-on-year terms. Umansky noted that the monthly increase fell short of the typical 9-10 per cent range partly due to the calendar, which had only 12 weekend days compared to 15 in July of last year. Weekend days generally see a 20 per cent higher GGR. The month also saw negative impacts from a crackdown on money exchange<\/a>, which began in early June.<\/p>\n\n\n\n Year-to-date mass revenue is about 113 per cent of the same period in 2019, although base mass recovery is 75-80 per cent of the 2019 level, offset by strong premium mass performance. VIP revenue year-to-date is running at about 23 percent of the 2019 level.<\/p>\n","protected":false},"excerpt":{"rendered":" Seaport Research Partners expects Macau’s gross gaming revenue to be up 6.7 per cent when compared to July.<\/p>\n","protected":false},"author":176,"featured_media":21513,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Seaport Research Partners forecasts Macau's August GGR to reach MOP19.84bn, a 6.7% month-on-month increase, driven by a more favorable calendar with additional weekend days. This projection tests the market's recovery strength, following softer-than-expected performances in June and July, while acknowledging risks from potential weather events and ongoing impacts from a money exchange crackdown. The analysis highlights a robust premium mass recovery offsetting slower base mass and VIP segments compared to 2019 levels.","focusai_entities":"Seaport Research Partners, Vitaly Umansky","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (1.0), payments_fraud_aml (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Recovery Drivers","query":"What specific operational adjustments are Macau operators implementing to capitalize on the increased weekend days and mitigate the impact of the money exchange crackdown on base mass GGR recovery?"},{"label":"Premium Mass Sustainability","query":"Given the strong premium mass performance offsetting base mass and VIP, what are the long-term sustainability projections for this segment, and what strategies are being deployed to diversify revenue streams?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-777017818","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\/777017818","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=777017818"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017818\/revisions"}],"predecessor-version":[{"id":777017823,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017818\/revisions\/777017823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21513"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777017818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777017818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777017818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}