Gross gaming revenue was up 6.2 per cent when compared to July.<\/p>\n\n\n\n\n\n\n\n
Macau.- The Gaming Inspection and Coordination Bureau has reported that Macau\u2019s gross gaming revenue (GGR) for August was MOP19.75bn (US$2.46bn). The figure was up 14.8 per cent year-on-year and 6.2 per cent sequentially<\/a>. It was the second-best monthly tally of the year after May<\/a> but was down by 18.6 per cent compared to August 2019.<\/p>\n\n\n\n Cumulatively, Macau\u2019s GGR for the first eight months of 2024 was MOP152.10bn (US$19.92bn), up 33.4 per cent year-on-year but 23.3 per cent below the same period in 2019 (US$24.66bn). Seaport Research Partners<\/a> has forecast that Macau\u2019s GGR will grow by 26 per cent year-on-year in 2024 and by 10 per cent in 2025 while\u00a0CreditSights<\/a>, a division of the Fitch Group, has predicted that Macau\u2019s GGR will reach around US$28bn this year, a 24 per cent year-over-year increase and 75-80 per cent of 2019 levels.<\/p>\n","protected":false},"excerpt":{"rendered":" Gross gaming revenue was up 6.2 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":"Macau's August GGR reached MOP19.75bn (US$2.46bn), marking a 14.8% year-on-year and 6.2% sequential increase, positioning it as the second-best monthly performance of 2024. Despite robust recovery, cumulative GGR for the first eight months of 2024 remains 23.3% below 2019 levels, with industry forecasts from Seaport Research Partners and CreditSights projecting significant year-on-year growth for 2024 and 2025.","focusai_entities":"Gaming Inspection and Coordination Bureau, Seaport Research Partners, CreditSights, Fitch Group","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GGR Recovery Pace?","query":"What specific factors are driving the sequential and year-on-year GGR growth in Macau, and how do these align with the broader economic recovery and tourism trends in the region?"},{"label":"2019 GGR Gap?","query":"Given the persistent gap to 2019 GGR levels, what are the key structural or demand-side impediments preventing a full recovery, and how might these impact long-term growth projections?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23906],"class_list":["post-777018661","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/777018661","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=777018661"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018661\/revisions"}],"predecessor-version":[{"id":777018694,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018661\/revisions\/777018694"}],"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=777018661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777018661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777018661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}