Gaming

Encouraging start for Macau’s Q2 gaming revenue – JP Morgan

Wednesday 12 de April 2023 / 12:00

⏱ 1 min read

(Macau).- Investment bank JP Morgan has said that Macau got off to a decent start in the second quarter of 2023, citing casino gaming revenue for the first 10 days of April.

Encouraging start for Macau’s Q2 gaming revenue – JP Morgan

Analysts DS Kim and Mufan Shi said in a recent note that the city’s gross gaming revenue reached some MOP 4 billion (US$ 495 million) in the first 10 days of the month, which suggested a daily run-rate of MOP 400 million.

Although the figure is for now lower than the March run-rate of MOP 411 million per day, Kim described it as “encouraging” as it suggests that mass-market gaming revenue is running at a rate of about 70 per cent of the pre-Covid level.

“We feel the actual GGR could be a tad stronger than MOP400m/day,” said the two analysts. “We’d say around 5-10% deviation is possible for any given week.”

More than 481,000 visitors made their way into Macau over the recent six-day holiday that combined the Ching Ming Festival and Easter.

The figure was even higher than the total of inbound visitors logged over the seven-day Lunar New Year period earlier this year when some 451,000 made their way in.

In order to woo more foreign visitors, the Macau Government Tourism Office extended a three-month free return ticket campaign for Hong Kong arrivals until the end of June.

By Aries Un

Categoría:Gaming

Tags: Sin tags

País: Macao

Región: Asia

Event

SBC Summit 2026

29 de September 2026

What Onlyplay Learned at SBC Summit 2026

(Lisbon).- The event marked the first major offline presentation of Onlyplay’s refreshed brand, the introduction of Hyper Play, and a series of discussions highlighting the growing importance of partner relationships, service quality and post-launch support.

Wednesday 14 Oct 2026 / 12:00

Ready Play Gaming Highlights New Opportunities After SBC Summit 2026

(Lisbon, SoloAzar Exclusive).- Ready Play Gaming's Head of LATAM, Rocío Moitiño, analyzed the results of the company's visit to SBC Summit 2026, where she held meetings with operators and partners, presented new gaming proposals and identified opportunities to expand its international distribution.

Tuesday 13 Oct 2026 / 12:00

Uplatform Brought "Your Dreams. Our Platform" to Life at SBC Summit Lisbon 2026

(Limassol).- At Stand D215, Uplatform turned operator visions into reality during SBC Summit Lisbon 2026, blending standout experiential design with cutting-edge iGaming solutions.

Friday 09 Oct 2026 / 12:00