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Macau GGR weakens due to seasonality and Euro 2024

Macau's gaming performance in June has been affected by softer seasonality and likely the football tournament in Europe, according to UBS in its latest market check memo.

Macau GGR reaches $2.51B in May, up 8.9% m-o-m

Macau’s gross gaming revenue (GGR) grew by 29.7 percent year-on-year to MOP 20.19 billion ($2.51 billion) in May, marking the highest monthly total since the city’s borders reopened in January 2023.

Sands and Galaxy joint Macau GGR market share drops to almost 42% in 1Q24: Deutsche Bank

Sands China and Galaxy Entertainment Group controlled about 41.6 percent of Macau's GGR in the first quarter of 2024, while the other four concessionaires all increased market share from the same quarter last year, say analysts.

Northbound spending fever in HK has “few” impacts on Macau GGR: experts

Hong Kong may continue to serve as one of Macau’s leading source markets, despite undergoing continuous reshaping of its consumer market, with minimal impacts on GGR.

CLSA projects Macau GGR to grow 34% this year, reaching $30.3B

Macau’s 2024 gross gaming revenue (GGR) is likely to be up 34 percent from 2023, according to the brokerage CLSA, which says the forecast is 3.5 percent higher than its prior estimates after a positive Chinese New Year.

Macau GGR to record new post-COVID high in Feb: Industry insider

The deputy chairman of Ponte 16 operator Success Universe projects that Macau’s February daily gross gaming revenue (GGR) could record a post-COVID high, surpassing the highest daily GGR recorded last October.

Macau GGR hits $2.4 billion in first month of 2024

Macau’s gross gaming revenue (GGR) amounted to MOP19.3 billion ($2.4 billion) in the first month of 2024, 77 percent of the MOP24.9 billion ($3...

BEA predicts a 6% rise in contribution to Macau GGR per tourist

The Bank of East Asia (BEA) anticipates that the contribution to gross gaming revenue (GGR) per tourist in Macau may increase by 6% this year.

Macau GGR annual tally will now be more directly linked to mass market volume – Davis Fong

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 GGR may reach $2.2 billion in January, says Citigroup

Citigroup anticipates that Macau's gross gaming revenue (GGR) for January 2024 will reach approximately MOP17.5 billion ($2.2 billion), achieving around 70 percent of the level recorded in January 2019, primarily influenced by seasonal factors.