Casinos in Macau: Oct GGR on course for 1.37 B on better-than-expected momentum
Monday 14 de October 2024 / 12:00
⏱ 1 min read
(Macau).- Macau casinos generated MOP11 billion (US$1.37 billion) in gross gaming revenue (GGR) during the first 13 days of October, equating to MOP846 million per day.
The details were provided by J.P. Morgan analysts DS Kim, Mufan Shi, and Selina Li on Monday.
Despite an anticipated seasonal slowdown following the Golden Week a week earlier, the data indicates that the current daily revenue rate stands at MOP643 million, representing a 10 percent increase from September’s MOP575 million and aligning with August’s MOP637 million.
The month-to-date demand trends suggest that October’s GGR is poised to exceed approximately MOP22 billion, translating to over MOP700 million per day.
This forecast is poised to surpasses the earlier projections of MOP20 billion to MOP21 billion set by the brokerage and the market.
“The figures suggest that mass GGR has rebounded to approximately 130% of the pre-COVID level, with VIP at around 30% recovery,” the analysts wrote. “Both of these figures significantly exceed the third quarter’s recovery rates of about 110% and 25%, respectively.”
Categoría:Casino
Tags: Sin tags
País: Macao
Región: Asia
Event
SBC Summit Rio 2026
03 de March 2026
Pay4Fun Showcases Payment Innovation and Regulatory Leadership at SBC Summit Rio
(Rio de Janeiro, SoloAzar Exclusive).- Leonardo Baptista, CEO and co-founder of Pay4Fun, showcased the firm’s role as Brazil’s first authorized payment institution for the regulated betting and gaming market during SBC Summit Rio. Highlighting compliance, sector expertise, and efficiency, the company positioned itself as a trusted partner for operators adapting to Brazil’s new regulatory framework.
Friday 20 Mar 2026 / 12:00
Eeze LatAm's Maximiliano Ramos after SBC Summit Rio: "Brazil is the industry's spotlight today"
(Rio de Janeiro, SoloAzar Exclusive).- In this interview, Maximiliano Ramos, Eeze's Partnership Manager LATAM , analyzes the value of SBC Summit Rio as a key meeting point for the industry, the growth of the Brazilian regulated market and the opportunities opened up by artificial intelligence, strategic networking and innovation in user experience for gaming in the region.
Thursday 19 Mar 2026 / 12:00
Digital infrastructure strengthens trust in Brazil’s regulated betting market
(Rio de Janeiro).- The development of a robust technological infrastructure was highlighted as one of the key pillars for the functioning of Brazil’s regulated betting market during the panel “Building the Digital Infrastructure in Brazil’s Regulated Market,” held at the SBC Summit Rio event. The debate brought together representatives from the government, operators, and technology companies to discuss data monitoring, digital security, and consumer protection.
Friday 06 Mar 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.