Analysts remain cautious on Macau´s CNY prospects despite resilience in January
Thursday 04 de February 2021 / 07:12
2 minutos de lectura
(Macau).- Gaming analysts remain largely bearish over Macau’s prospects for the upcoming Chinese New Year Holiday, despite the SAR’s casino operators exceeding expectations when GGR figures for January were published Monday.
As reported by Inside Asian Gaming, gross gaming revenues for the first month of the year showed slight improvement over December, rising 2.6% sequentially to MOP$8.02 billion – the highest monthly GGR figure in a full year. The 63.7% year-on-year decline exceeded Bloomberg estimates of a 67% fall.
According to figures published by the Gaming Inspection and Coordination Bureau (DICJ) on Monday, January GGR improved by 2.6% versus December – despite being negatively impacted by recent outbreaks of COVID-19 in parts of mainland China that have seen authorities warn against unnecessary travel in the lead-up to Chinese New Year. The figure exceeded expectations, with analysts having estimated a year-on-year decline of around 67% compared with January 2020 GGR of MOP$22.13 billion (US$2.77 billion).
Categoría:Gaming
Tags: Sin tags
País: Macao
Event
iGaming Club Conference Cancun
24 de November 2025
Levon Nikoghosyan Confirms iGaming Cancun’s Success and Future LATAM Expansion
(Cancun, SoloAzar Exclusive).- The vibrant energy of iGaming Cancun has set the tone for a new chapter in the Latin American iGaming industry. Levon Nikoghosyan, CEO and Co-Founder of AffPapa and iGaming Club, shared his enthusiasm for the event’s debut in Mexico, highlighting its impact on the regional market and the company’s ambitious plans for the future.
Thursday 04 Dec 2025 / 12:00
iGaming Club Cancún 2025 Concludes Successfully with Strong Connections in Its First LatAm Edition
(Cancun, SoloAzar Exclusive).- iGaming Club Cancún 2025 came to a close last night with a comprehensive experience of conferences, networking, and the AffPapa iGaming Awards LATAM gala, consolidating itself as a unique space for operators, affiliates, and providers in the region.
Thursday 27 Nov 2025 / 12:00
iGaming Club Cancún 2025: Affiliates, Operators, and Innovation Take Center Stage on Final Day
(Cancun, SoloAzar Exclusive).- The second and final day of iGaming Club Cancún 2025 unfolds today, bringing together operators, affiliates, and select B2B providers in a unique networking and conference environment that highlights the evolving dynamics of the Latin American iGaming market.
Wednesday 26 Nov 2025 / 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.