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
ICE Barcelona 2026
19 de January 2026
NOVOMATIC 2026: Global Expansion and Comprehensive Strategy in the Gaming Industry
(Barcelona, SoloAzar Exclusive).- NOVOMATIC AG kicked off 2026 with strong momentum, underscored by its standout presence at ICE Barcelona. Thomas Schmalzer, VP of Global Sales and Product Management, highlighted the company’s presentation of its integrated 360-degree portfolio—spanning cabinets, gaming content, and system solutions—while reinforcing global partnerships and advancing into new markets.
Friday 06 Mar 2026 / 12:00
Nadia Popova from EGT on ICE Barcelona 2026:"The new concept of our stand made a strong impression on visitors"
(Barcelona, SoloAzar Exclusive).- In this post-event interview from Barcelona, Nadia Popova, EGT’s Chief Revenue Officer and VP Sales & Marketing shares insights on the company’s standout presence, its “All eyes on us” stand concept, key product highlights, and the strategic partnerships forged at ICE Barcelona 2026.
Friday 20 Feb 2026 / 12:00
Luz Beatriz Jaramillo Serna of 21Viral: “Our presence at ICE Barcelona 2026 was exceptionally positive”
(Barcelona, SoloAzar Exclusive).- Following her participation at ICE Barcelona 2026, Luz Beatriz Jaramillo Serna, Head of Business Development, Marketing and Sales for Latin America at 21Viral, analyzes the commercial impact of the event, the trends set to shape the industry’s direction, and the company’s strategic priorities to consolidate growth across the region and new regulated markets.
Monday 16 Feb 2026 / 12:00
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