{"id":777018095,"date":"2024-08-13T09:50:56","date_gmt":"2024-08-13T12:50:56","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777018095"},"modified":"2026-04-22T07:13:07","modified_gmt":"2026-04-22T10:13:07","slug":"macau-ggr-reaches-us884-4m-in-first-11-days-of-august-jp-morgan-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-reaches-us884-4m-in-first-11-days-of-august-jp-morgan-says","title":{"rendered":"Macau GGR reaches US$884.4m in first 11 days of August, JP Morgan says"},"content":{"rendered":"\n<p>JP Morgan Securities Asia Pacific says&nbsp;daily average gross gaming revenue was MOP645m.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Analysts at\u00a0<strong>JP Morgan Securities Asia Pacific <\/strong>have estimated that\u00a0Macau\u2019s gross gaming revenue (GGR) for the first 11 days of August was\u00a0MOP$7.1bn (US$884.4m). According to analysts, the GGR run-rate was MOP657m a day, surpassing the MOP590m to MOP600m a day recorded in June and July.<\/p>\n\n\n\n<p>Analysts DS Kim, Mufan Shi, and Selina Li said mass GGR month-to-date is running at 110 per cent of the level before Covid-19, while VIP is in the mid-20-per cent range. JP Morgan forecasts that August casino GGR will reach around MOP19bn to MOP19.5bn, or MOP610m to MOP630m a day.<\/p>\n\n\n\n<p><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-11-6-year-on-year-in-july\" rel=\"noreferrer noopener\">In July<\/a>, Macau casinos generated MOP18.59bn (US$2.31bn) in GGR. The figure was up 5 per cent&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-16-4-year-on-year-in-june\" rel=\"noreferrer noopener\">month-on-month<\/a> and 11.6 per cent in year-on-year terms.<\/p>\n\n\n\n<p><strong>See also:<\/strong> <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-slot-machine-yield-up-26-2-in-h1\" target=\"_blank\" rel=\"noreferrer noopener\">Macau slot machine yield up 26.2% in H1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JP Morgan Securities Asia Pacific says&nbsp;daily average gross gaming revenue was MOP645m.<\/p>\n","protected":false},"author":176,"featured_media":25557,"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 reports Macau's GGR for the first 11 days of August reached MOP$7.1bn, with a daily run-rate of MOP657m, surpassing prior months. Mass market GGR is performing at 110% of pre-Covid levels, while VIP remains in the mid-20% range, leading to a projected August GGR of MOP19bn-MOP19.5bn.","focusai_entities":"JP Morgan Securities Asia Pacific, DS Kim, Mufan Shi, Selina Li","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Mass Market Drivers","query":"What specific operational strategies and non-gaming amenities are Macau concessionaires leveraging to sustain the robust mass market GGR recovery, and what are the long-term implications for revenue diversification?"},{"label":"VIP Segment Strategy","query":"Given the persistent underperformance of the VIP segment relative to pre-pandemic levels, what targeted initiatives or regulatory adjustments are anticipated to stimulate its recovery and re-establish its contribution to overall GGR?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-777018095","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\/777018095","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=777018095"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018095\/revisions"}],"predecessor-version":[{"id":777018115,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018095\/revisions\/777018115"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25557"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777018095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777018095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777018095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}