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March GGR recovery forecast at 71-75% as market cools after CNY: MacquarieÂ
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.
Macau’s May GGR expected to hit $2.5B, Labor Day hotel prices 30% below CNY: brokerages
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.
All Macau casino operators plan to roll out RFID: Goldman Sachs
All six gaming operators in Macau plan to install RFID (Radio Frequency Identification) tables in the coming months to improve marketing efficiency and productivity, according to Goldman Sachs.
Your Daily Asia Gaming eBrief: Power of the pandemic
The business week starts off with the unpleasant news that the Hong Kong-Singapore travel bubble has been delayed for an indefinite number of weeks as the result of another spike in Covid-19 cases.
