Macau GGR jumps 55% week-on-week as China COVID fears ease
Tuesday 24 de August 2021 / 07:07
⏱ 1 min read
(Macau).- Macau’s recovery from its latest COVID-19 setback appears to be underway with gross gaming revenue said to be 55% higher in the week from 16 to 22 August than during the seven days prior.
According to brokerage Bernstein’s weekly channel checks, average daily GGR increased from MOP$78 million to MOP$120 million (US$10 million to US$15 million) during the most recent week, aided by the gradual relaxation of travel restrictions across mainland China. Visitation from 14 to 18 August was also up 168% on the week from 6 to 12 August although still down 42% from July’s daily average.
COVID-19 cases in the mainland have passed 1,200 since an outbreak was first detected in Nanjing on 20 June but have since plummeted, with no new local cases reported nationwide on Monday.
Bernstein’s Vitaly Umansky, Louis Li and Kelsey Zhu said that although revenue had increased substantially over the past week, GGR figures were still restrained with average daily rate of MOP$109 million (US$13.5 million) down 60% compared versus July’s average of MOP$272 million (US$34 million) and 86% versus the August 2019 average of MOP$783 million (US$97.5 million).
“The current COVID situation in China may still last a few more weeks well into September, with disrupted travel to Macau,” they wrote. “We expect the situation to Macau to start getting back to April/May levels in October.”
Bernstein is estimating at least a 50% month-on-month decline in GGR, representing a mid-80 percentage point decline versus August 2019.
“We expect GGR improvement beginning in the fourth quarter, but more significant travel impediment removals are not likely until next year,” the brokerage added.
Categoría:Casino
Tags: Sin tags
País: Macao
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.
