{"id":777024802,"date":"2025-04-03T02:20:28","date_gmt":"2025-04-03T05:20:28","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777024802"},"modified":"2026-04-22T00:12:10","modified_gmt":"2026-04-22T03:12:10","slug":"seaport-research-partners-predicts-a-monthly-decline-in-macau-ggr-for-april","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/seaport-research-partners-predicts-a-monthly-decline-in-macau-ggr-for-april","title":{"rendered":"Seaport Research Partners predicts monthly decline in Macau GGR for April"},"content":{"rendered":"\n

Analysts have predicted GGR could decline by nearly 6 per cent sequentially.<\/p>\n\n\n\n\n\n\n\n

Macau.- Seaport Research Partners<\/strong> has forecast that Macau’s gross gaming revenue (GGR) could remain flat in year-on-year terms and fall 6 per cent sequentially in April. The decline would be in line with historical trends.<\/p>\n\n\n\n

Analyst Vitaly Umansky<\/strong> said that recent crackdowns on unauthorised currency exchange might cause some short-term decreases in demand as customers may stay away from pawnshops, while others may forego a near-term trip to Macau.<\/p>\n\n\n\n

Seaport\u00a0expects\u00a0GGR to grow by 6.5 per cent in 2025: 2.2 per cent in the first half of the year and 11 per cent in the second half.<\/p>\n\n\n\n

In March, Macau’s GGR was\u00a0MOP19.66bn (US$2.46bn). That\u2019s an increase of 0.8 per cent\u00a0in\u00a0year-on-year terms<\/a> but a dip of 0.4\u00a0per cent\u00a0sequentially<\/a>. GGR was 76.1 per cent of March 2019’s level. The month-on-month decline is likely because Chinese New Year ran into February, and March had one less weekend this year.<\/p>\n\n\n\n

For the first quarter of 2025, Macau\u2019s GGR was MOP57.66bn (US$7.20bn), up 0.6 per cent from the prior-year period but 24.7 per cent lower than the first quarter of 2019 (MOP76.15bn).<\/p>\n\n\n\n

42 arrested for illegal money exchange in Macau<\/h2>\n\n\n\n

The Judiciary Police<\/strong> has arrested 42 people<\/strong> in two separate operations against unauthorised currency exchange linked to gambling. In the first case, police arrested 33 people accused of offering currency exchange via fake transactions at eight jewellery shops near casinos.<\/p>\n\n\n\n

Police said those arrested exchanged about HK$590m (US$75.9m) and made over HK$20m (US$2.6m) in illegal profits. In a second operation, police arrested nine people for allegedly exchanging money in pawn shops and private cars. They are said to have falsely employed non-resident workers to assist in the transfer of funds between Macau and mainland China. This group allegedly exchanged around HK$200m (US$25.7m) and earned at least HK$1m (US$128,600).<\/p>\n\n\n\n

Both syndicates allegedly worked with underground banks. Police seized over HK$18m (US$2.3m)<\/strong> in cash, fake transaction receipts and electronic devices.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Macau GGR rises slightly in March<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Analysts have predicted GGR could decline by nearly 6 per cent sequentially.<\/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 Gross Gaming Revenue (GGR) is projected to experience a sequential decline in April, influenced by historical trends and recent crackdowns on unauthorized currency exchange, though Seaport Research Partners forecasts GGR growth for 2025. Concurrently, Macau's Judiciary Police arrested 42 individuals involved in large-scale illegal currency exchange operations linked to gambling, highlighting ongoing regulatory enforcement efforts against illicit financial activities.","focusai_entities":"Seaport Research Partners, Vitaly Umansky, Judiciary Police","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.95), payments_fraud_aml (0.9), supplier_vendor (0.7)","focusai_suggestions":[{"label":"GGR Impact Analysis","query":"How might the ongoing crackdown on unauthorized currency exchange in Macau influence VIP segment GGR performance and the broader market's recovery trajectory?"},{"label":"Regulatory Enforcement Scope","query":"What further regulatory measures or enhanced surveillance might Macau implement to mitigate illicit financial flows, and what are the potential implications for licensed operators' compliance frameworks?"}],"footnotes":""},"categories":[16338,163],"tags":[23907],"class_list":["post-777024802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024802","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=777024802"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024802\/revisions"}],"predecessor-version":[{"id":777024842,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024802\/revisions\/777024842"}],"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=777024802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777024802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777024802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}