Gross gaming revenue in Macau for July remained down 94.5 per cent year-on-year but climbed 87.7 per cent on June’s total.<\/p>\n\n\n\n\n\n\n\n
Macau.- According to the figures revealed by the Macau Gaming Inspection and Coordination Bureau<\/em><\/strong>, gross gaming revenue (GGR) in Macau for July was MOP1.34 billion (US$168.4 million). <\/p>\n\n\n\n That’s down 94.5 per cent year-on-year but up 87.7 per cent on June, which saw GGR of MOP716 million. <\/p>\n\n\n\n The growth compared to the previous month comes after the easing of border measures with the neighbouring Chinese mainland province of Guangdong. Analysts have been promoting the importance of loosening restrictions to boost Macau’s economy.<\/p>\n\n\n\n It’s been a bumpy ride so far. May’s GGR was up 134 per cent on a dire April, but still down 93.2 per cent year-on-year. In June revenue was down again, and down 97 per cent year-on-year. <\/p>\n\n\n\n For the first seven months of 2020, GGR stood at MOP35.06 billion, down 79.8 per cent from the same period in 2019. <\/p>\n\n\n\n Mainland authorities have not yet restarted the visa systems most commonly used for mainlanders to visit Macau. Meanwhile, movement between Macau and Hong Kong is still subject to a 14-day quarantine period in each direction. <\/p>\n","protected":false},"excerpt":{"rendered":" Gross gaming revenue in Macau for July remained down 94.5 per cent year-on-year but climbed 87.7 per cent on June’s total.<\/p>\n","protected":false},"author":2,"featured_media":8634,"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 July Gross Gaming Revenue (GGR) reached MOP1.34 billion (US$168.4 million), marking an 87.7% sequential increase from June, primarily attributed to the easing of border restrictions with Guangdong. Despite this month-on-month improvement, the GGR remains 94.5% below July 2019 levels, with year-to-date GGR down 79.8%, as mainland visa systems and Hong Kong quarantine measures continue to impede full market recovery.","focusai_entities":"Macau Gaming Inspection and Coordination Bureau","focusai_location":"Macau, Guangdong, Chinese mainland, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.85), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.75), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What is the projected GGR recovery trajectory for Macau in Q3 and Q4, considering the current pace of border restriction easements and the anticipated restart of mainland visa systems?"},{"label":"Regulatory Impact Analysis","query":"How do the current and anticipated regulatory frameworks, particularly regarding cross-border travel and visa issuance, influence the long-term operational viability and investment appeal of Macau's integrated resorts?"}],"footnotes":""},"categories":[160,16338,163,158],"tags":[257],"class_list":["post-8631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-east-asia-news","category-finance-news","category-slider-home","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8631","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=8631"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8631\/revisions"}],"predecessor-version":[{"id":777010430,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8631\/revisions\/777010430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/8634"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=8631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=8631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=8631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}