Saturday, May 18, 2024

Search Results

Macau mass market surpassing pre-covid levels in January – JP Morgan

Mass market gross gaming revenue generated in Macau gaming in January is reporting volumes 105-110 percent higher than pre-COVID levels, brokerage JP Morgan indicated.

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 mass market could reach 90 percent of pre-pandemic volume this year – S&P

Mass market gross gaming revenue reported in the Macau SAR could recover to 85-90 percent of 2019 levels this year, analysts from brokerage S&P Global Ratings estimate.

Macau mass market accounted for almost 76 pct of total GGR in Q3

Mass-market gaming, including slot machines, reached almost MOP37.04 billion ($4.5 billion), accounting for almost 76 percent of Macau’s total GGR in the third quarter of this year, data published by the Gaming Inspection and Co-ordination Bureau (DICJ) shows

Macau mass market GGR recovered to 93 percent of pre-COVID levels in July: JP Morgan

Macau’s mass market gross gaming revenue recovered to 93 percent of pre-COVID levels in July 2023, reaffirming the bullish outlook over Macau gaming, say analysts.

Wynn Macau mass market dynamic beats expectation during CNY

Both mass and VIP saw strong rebounds at Wynn Macau during Chinese New Year, easing Wynn into a stronger year following less-than-ideal results in 4Q22.

Macau mass market to return to pre-pandemic levels: Ponte 16 operator

The deputy chairman of Ponte 16 operator Success Universe is forecasting that mass market revenues will fully recover to pre-pandemic levels, while overall GGR should reach some 60 percent of former results.

Wynn Macau to convert VIP rooms for the mass market

Wynn Macau confirmed on Monday that it will gradually end its agreements with junket operators before the end of the year, and has plans...
00:11:33

Full recovery in Macau mass market not likely before 2024 [video]

Macau’s operators are likely to face another choppy year in 2022, with visitation expected to stay at low levels as the pandemic drags on, says Fitch Ratings analyst Colin Mansfield. As a result, full recovery in Macau's mass market is not expected until 2024.

Macau mass market to see strong growth, but future supply a concern

Macau's mass gaming market is likely to grow in the high single digits from 2022 once the pandemic eases, but growth going forward will depend on the ability to bring new attractions and products online, industry experts on a gaming panel said.