Seasonal slowdown in Macau: June GGR likely to hit MOP 13.3B
Wednesday 26 de June 2024 / 12:00
⏱ 1 min read
(Macau).- A seasonal slowdown has emerged in the gaming sector as gross gaming revenue for the first 23 days of June is expected to be about MOP13.3 billion (US$1.66 billion).
According to J.P. Morgan analysts DS Kim, Mufan Shi, and Selina Li, this figure translates to a run rate of MOP578 million per day, dragged down by last week’s daily run rate, which edged down further to MOP514 million per day, compared to MOP533 million the week before.
It is said to be the lowest level in at least six months due to several factors such as a post-holiday slowdown, the ongoing UEFA European Football Championship, and the seasonal trend.
The analysts has also mentioned in their note a poor VIP win rate, about 2.6 to 2.8 percent compared to at least 3 percent typically.
“By segment for month-to-date, we estimate mass GGR is at 105%+ of the pre-COVID level, while VIP is around the low-20s% – both in line with 4Q’s run rate but weaker than April/May GGR beats,” the analysts wrote.
Regarding the second quarter-to-date data, it indicates that casino revenue is expected to fall slightly by around two to three percent from the previous quarter. This decline is primarily driven by a 2 percent decline in the mass segment and a 5 percent drop in the VIP segment.
Categoría:Gaming
Tags: Sin tags
País: Macao
Región: Asia
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
ProntoPaga Consolidates Its Position at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Juan Carlos Loza, Head of Sales Latam at ProntoPaga, spoke exclusively after the company's participation in Peru Gaming Show 2026, highlighting the agreements reached, the interest in their payment solutions, and the expansion plans that will drive their growth across Latin America.
Monday 03 Aug 2026 / 12:00
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
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
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
