Investment bank Citigroup anticipates that Macau’s gross gaming revenue (GGR) in May could reach MOP20 billion ($2.49 billion), about 77 percent of 2019 levels.

UBS reports that Macau hotel prices for mainland China’s five-day Labor Day holiday season are 20 percent below this year's Chinese New Year (CNY) rates but bookings are high.

The last month of the first quarter should be a bit calmer for Macau, as GGR slows down post-Chinese New Year. According to analysts at Macquarie, the VIP rate is seeing a recovery in the month, however, while MICE-facing operators are likely to see a boost during the month.

The Macau gaming industry is experiencing a predicted cooldown after the Chinese New Year, as March’s gross gaming revenue (GGR) is expected to be 71-75 percent of 2019 levels.

The 'sharper-than-expected slowdown' post the Chinese New Year (CNY) holidays is the reason for the lower recovery rate in Macau’s gross gaming revenue (GGR) in February compared to the previous months, says Goldman Sachs.

Australia's gaming crackdown continues, with The Star facing a new inquiry which is "unimaginable" considering its recently renegotiated terms for employment and cashless gaming at its Sydney casino, notes an expert. In addition, Macau's Chinese New Year revenues continue to impress, but market share gets further divied up.

The news that Australia’s The Star Entertainment is facing a second inquiry into whether its Sydney property can hold a casino license is “unimaginable”, considering the recent negotiations over duty rates, says expert Ben Lee.

Macau witnessed its best-ever performance in the premium mass segment during the Chinese New Year (CNY), with Galaxy Entertainment emerging as the market share winner, according to the Citigroup.

Macau received 1.52 million visitors from the 9th to the 18th, while all the city’s checkpoints recorded over 5.8 million border crossings.

Macau has surpassed expectations with its Chinese New Year (CNY) tourist arrivals, reaching over 1 million visitors in just six days.