was down 94.5 per cent<\/a><\/em><\/strong> year-on-year, and GGR for the first week of September was down 89 per cent to MOP0.5 billion (US$63 million), according to consultancy firm Bernstein. <\/p>\n\n\n\nVIP gaming also remains slow, the consultancy said, despite Zuhai and Guangdong provinces starting to issue permits to travel to Macau through the individual visit scheme (IVS). <\/p>\n\n\n\n
The visas are taking about ten days to issue, so visitor numbers have yet to increase dramatically, although there were 14,600 visitors on September 3, up from just 5,000 daily in early August.<\/p>\n\n\n\n
This might change once the rest of mainland China gets access to the IVS visas again from September 23.<\/p>\n","protected":false},"excerpt":{"rendered":"
Analysts expect Golden Week in October to boost visitor numbers.<\/p>\n","protected":false},"author":2,"featured_media":9753,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Analysts anticipate a limited recovery for Macau's gaming revenues in September, but project a significant boost in visitor numbers and GGR during October's Golden Week. This recovery is largely contingent on the full operationalization of China's Individual Visit Scheme (IVS) across mainland China by late September, which is expected to accelerate the industry's rebound from current low GGR levels.","focusai_entities":"S&P Global, Bernstein","focusai_location":"Macau, China, Zuhai, Guangdong","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IVS Impact on GGR","query":"What is the projected GGR uplift specifically attributable to the full mainland China IVS re-activation versus the Golden Week seasonal effect, and how does this compare to pre-pandemic recovery models?"},{"label":"Operator Readiness","query":"How are Macau's integrated resort operators adjusting their staffing, marketing spend, and operational capacity to capitalize on the anticipated surge in visitor numbers post-September 23 IVS expansion?"}],"footnotes":""},"categories":[157,16338,158],"tags":[725,257],"class_list":["post-9751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-ggr","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9751","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=9751"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9751\/revisions"}],"predecessor-version":[{"id":9783,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9751\/revisions\/9783"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9753"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=9751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=9751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=9751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}