Due to the current prevalence of the mass market in the Macau SAR, gross gaming revenue (GGR) values will now have a more sustainable growth that correlates to any increase in its visitor volume, gaming researcher Davis Fong pointed out.

Macau, an Asian gaming hub, is gearing up for a further resurgence in 2024, according to Davis Fong, the director of the Institute for the Study of Commercial Gaming and a professor at the University of Macau.

Macau's top gaming expert, Davis Fong, estimates that the city's total gross gaming revenues (GGR) could reach as much as MOP220 billion ($27.4 billion) in 2024, aligning with the government's projection.

Macau’s gross gambling revenue is likely to stay around the same levels as 2021 as long as visitation continues to pick up to where it was prior to the latest Covid outbreaks in Guangdong, according to a local scholar.

Davis Fong believes the Gaming Bill amendment will not pose an impact on satellite casinos at least in the short term and instead has urged the public to consider the long-term implications of the gaming industry. 

The outbreak of Omicron variant cases in Hong Kong is likely to delay the border reopening with Mainland China and Macau until potentially the beginning of 2Q22, derailing the key Chinese New Year holiday.

Having welcomed nearly 40 million visitors in 2019, gaming researcher Davis Fong told AGB he believes Macau can reach 80 percent of those numbers in 2024 already, and welcome up to 36 million visitors. However international air travel remains constrained, impacting not only visitors using Macau Airport but also those utilizing Hong Kong International Airport and nearby airports.

Top Macau gaming expert Davis Fong has estimated that the city's total gross gaming revenues (GGR) could reach as much as MOP200 billion ($25 billion) in 2024,some 68 percent of 2019 levels.

he show(s) must go on. So says gaming scholar Davis Fong, who notes that the attraction of big names to the stage has helped drive Macau's non-gaming push so far.

Macau's six gaming operators are putting strong efforts into bringing prestigious concerts or shows to Macau, trying to rebrand Macau's image from a gaming hub to a city of entertainment. The move, notes gaming scholar Davis Fong, is laudable, and will further increase the city's attractiveness in 2H23.