Casino

Macau GGR estimated at almost US$1.6 B through first 21 days of July

Wednesday 24 de July 2024 / 12:00

⏱ 1 min read

(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.

Macau GGR estimated at almost US$1.6 B through first 21 days of July

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

SiGMA World 2026

02 de November 2026

CT Interactive Reflects on SiGMA World 2026

(Rome, SoloAzar Exclusive).- Martin Ivanov, Chief Operating Officer at CT Interactive, reflects on the company's successful participation at SiGMA World, highlighted by its prestigious Best Slot Game Provider 2026 award at the SiGMA Awards. In this interview, he discusses the company's evolving aggregation strategy, the growing demand for diversified gaming solutions, and its priorities for sustainable international expansion.

Friday 13 Nov 2026 / 12:00

NOVOMATIC Italia Highlights Its Integrated Gaming Ecosystem at SiGMA World 2026

(Gumpoldskirchen).- The company presented its latest gaming technologies, digital platforms and responsible gaming initiatives at the Rome exhibition, where it also received three prestigious SiGMA Italia Awards.

Friday 13 Nov 2026 / 12:00

Ready Play Gaming: Innovating iGaming with Reel Overlay

(Rome, SoloAzar Exclusive).- In an exclusive interview, Christoph R. Härtel, COO of Ready Play Gaming, shares insights from SiGMA World in Rome, detailing the success of their hybrid Blaz’n Buffalo Reel Crash game, the value of face-to-face networking, and the studio's strategic roadmap leading into ICE Barcelona 2027.

Friday 13 Nov 2026 / 12:00