Casinos in Macau: Oct GGR on course for 1.37 B on better-than-expected momentum
Monday 14 de October 2024 / 12:00
2 minutos de lectura
(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
DGOJ joins ICE Barcelona 2026, the world’s leading gaming industry event
(Barcelona).- The Directorate General for the Regulation of Gambling (DGOJ) is participating this week as a speaker at ICE Barcelona 2026, the largest international event in the gaming industry, held from January 18 to 21 at Fira Barcelona Gran Vía.
Tuesday 20 Jan 2026 / 12:00
ICE Barcelona 2026: Record Attendance, More Spaces and Top-Level Conferences
(Barcelona, SoloAzar Exclusive).- ICE Barcelona 2026 opened its doors with record attendance, surpassing the previous edition and consolidating itself as the key event in the gaming industry. SoloAzar is present to cover every detail.
Tuesday 20 Jan 2026 / 12:00
Amusnet Marks 10th Anniversary with Prestigious ICE Landmark Award at ICE Barcelona 2026
(Sofia).- The company launched its 10th anniversary year with major industry recognition, receiving the ICE Landmark Award from Clarion Gaming during a special ceremony at ICE Barcelona 2026.
Tuesday 20 Jan 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.