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
SiGMA North America 2026
01 de September 2026
LatAm Regulators Discussed Illegal Gambling and Innovation at SiGMA North America
(Mexico City, SoloAzar Exclusive).- The panel "The Red Pen Forum: Regulators Respond to the Industry," held during SiGMA North America 2026, brought together representatives from Uruguay, Argentina, Puerto Rico, and Honduras to analyze regulatory challenges, digital transformation, illegal gambling, and the need to adapt lotteries for new generations. The conference was moderated by Rodrigo Cigliutti, Executive Director of CIBELAE (Ibero-American Corporation of State Lotteries and Betting), and featured the participation of Marcelo Visconti, National Director of Lotteries and Quinielas of Uruguay; Carlos Moyano, President of IAFAS Entre Ríos, Argentina; Heidi Hernández Olivo, Deputy Secretary of the Puerto Rico Lottery; and Lissa Mencía, General Director of Lottery Operations and Games at Loto Honduras.
Monday 28 Sep 2026 / 12:00
SiGMA North America Addressed Crisis Management in iGaming
(Mexico, SoloAzar Exclusive).- During SiGMA North America 2026, Rosa Ochoa, founder of the Blue Global Gaming platform and strategic advisor for gaming operators; Iliana María Pineda Echeverri, Chief Legal & Compliance Officer at Wplay.co; Iraid Rosales, Country Manager Mexico at Amusnet; and Elizabeth Maya Cano, Executive President of CORNAZAR, analyzed the key factors in managing crisis situations within the iGaming industry, with a special focus on transparency, communication, technology, and preparation.
Friday 25 Sep 2026 / 12:00
Affiliates and Acquisition: Keys to Regulated Markets in North America
(Mexico City, SoloAzar Exclusive).- During SiGMA North America 2026, Cristopher Guzmán Reyes, Head of Affiliates at Logrand Entertainment Group; Guga Júnior, influencer and slots expert at Scalar Partners; Andrés Gómez, Head of Latin America Go-to-Market Strategy at Admattic; Yambot Aguilera, Gaming and Finance Sales Director at Google; and Paula Gabriel Jiménez, Advertising Client Growth Director for Microsoft at Aleph, analyzed the state and provincial affiliate ecosystem in North America, as well as the acquisition challenges in regulated markets.
Thursday 24 Sep 2026 / 12:00
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