Macau GGR estimated at almost US$1.6 B through first 21 days of July
Wednesday 24 de July 2024 / 12:00
2 minutos de lectura
(Macau).- Macau’s gross gaming revenue is estimated to have reached around MOP$12.75 billion (US$1.58 billion) for the first 21 days of July, implying a run-rate of MOP$607 million (US$75.4 million) per day according to investment bank JP Morgan.
Run-rate over the past week is said to have remained flat week-on-week at MOP$635 million (US$78.9 million), still considerably higher than the MOP$550 million (US$68.3 million) per day seen at the start of the month.
“This reflects pretty decent (albeit not fantastic) demand from summer holidays, despite concerns regarding a crackdown of illegal money exchange gangs,” wrote analysts DS Kim, Mufan Shi and Selina Li.
With mass GGR estimated to remain at around 110% of pre-COVID levels, JP Morgan’s July GGR forecast is MOP$18.5 billion (US$2.30 billion) or 76% of July 2019. This keeps the recovery rate in line with the 1H24 recovery rate but slightly improved from 74% in June.
Categoría:Casino
Tags: Sin tags
País: Macao
Región: Asia
Event
SBC Summit Rio 2026
03 de March 2026
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
SBC Boosts Responsible Gaming Standards in Brazil with ABJR and ABC-Bet
(Rio de Janeiro).- SBC has announced new partnerships with two of Brazil’s responsible gaming and compliance organisations, the Associação Brasileira de Jogo Responsável (ABJR) and the Brazilian Association for Compliance, Best Practices, Ethics and Transparency in Betting (ABC-Bet).
Monday 02 Mar 2026 / 12:00
Atlaslive to Join SBC Summit Rio 2026: Reinforcing Industry Collaboration in LATAM
(Lisboa).- Atlaslive will attend SBC Summit Rio 2026 to engage with operators, regulators, and industry leaders, reinforcing its commitment to scalable iGaming infrastructure and long-term growth across the LATAM market.
Friday 27 Feb 2026 / 12:00
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