SAR could see almost US$20.8 B in GGR in 2023 – Brokerage
Monday 03 de April 2023 / 12:00
2 minutos de lectura
(Macau).- The Macau SAR is on track to end 2023 with a total of US$20.78 billion in gross gaming revenue, a 293 per cent jump from the previous year, but 43 power cent lower than in pre-pandemic times in 2019, analysts from Deutsche Bank estimate.
About US$15.1 billion of that total would be represented by mass market revenues, with only US$5.6 billion coming from the VIP side, the dispatch pointed out.
The SAR recorded gross gaming revenue of MOP$42.2 billion (US$5.3 billion) in 2022, down 51.4 per cent in 2021 and the lowest single-year total since 2004.
However, perspectives for the city’s gaming and tourism sectors have brightened since the removal of pandemic prevention and movement restrictions in the first months of this year.
Macau casinos raked in MOP12.74 billion (US$1.58 billion) in gross gaming revenue in March, according to fresh data released by the Gaming Inspection and Coordination Bureau.
In the first quarter of 2023, gaming revenue stood at MOP 34.6 billion, accounting for a 94 per cent year-on-year hike.
The GGR result for March was down 50.7 per cent relative to the GGR achieved in March of 2019.
According to the dispatch by Deutsche Bank Securities Inc.Gaming & Lodging Research Managing Director, Carlo Santarelli, Sands China was responsible for a quarter of all gaming revenues in the first quarter of the year.
The Las Vegas Sands affiliate was followed by Galaxy (19 per cent), MGM (16.3 per cent), Wynn Macau (14.2 per cent), Melco Resorts (13.1 per cent) and SJM (11.6 per cent).
By Nelson Moura
Categoría:Casino
Tags: Sin tags
País: Macao
Región: Asia
Event
ICE Barcelona 2026
19 de January 2026
Merkur Group Shines in Barcelona with Triple ICE Triumph
(Espelkamp/Barcelona).- Merkur Group secures three prestigious international accolades for operational excellence, social commitment, and standout exhibition experience.
Friday 06 Feb 2026 / 12:00
Eduardo Aching: "ICE 2026 was an exceptional event for Konami and its casino partners"
(Barcelona, SoloAzar Exclusive).- Eduardo Aching, Vice President of iGaming & International Gaming Operations at Konami Gaming, reflects on the company’s standout participation at ICE 2026, the strong reception to Solstice 49C and Konami Online Interactive, and the strategic push toward emerging regulated markets and expanded global partnerships.
Friday 06 Feb 2026 / 12:00
Belatra Games Strengthens LatAm Expansion and Innovation Strategy After ICE Barcelona 2026
(Barcelona, SoloAzar Exclusive).- Kateryna Goi, Chief Marketing Officer at Belatra Games, shares her assessment of the company’s participation in ICE Barcelona 2026, the quality of industry engagement at the event, and the strategic priorities shaping Belatra’s growth in 2026, with a strong focus on Latin America and narrative-driven innovation.
Friday 06 Feb 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.