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
PERU GAMING SHOW – PGS 2026
17 de June 2026
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
Regulation and the Black Market in Latin America: Challenges and Solutions
(Lima, SoloAzar Exclusive).– As part of the Peru Gaming Show (PGS) 2026 conferences, gaming industry leaders analyzed one of the main challenges currently facing regulated markets in Latin America: the growth of illegal gambling. The panel "Regulation and the Black Market: Challenges and Solutions" brought together Carlos Fonseca, CEO of Gaming Law, as moderator; Neil Montgomery, founding partner of Montgomery & Associados; Tatiana Vásquez, founding partner of Vázquez Asociados; Karen Sierra Hughes, Vice President for Latin America, the Caribbean, and Spain at GLI; and Vanessa Cabrera, Director of the Control and Sanction Directorate of the DGJCMT-MINCETUR, who debated the causes of the black market, the available regulatory tools, and strategies to strengthen channeling toward legal gaming in the region.
Wednesday 15 Jul 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.
