August GGR off to a strong start, VIP and mass volume up

VIP and mass volume saw an increase in the first week of August, with weekly GGR (August 1-6) reaching MOP4.5 billion, according to a note from Bernstein on Monday.

Month to date ADR reached MOP750 million, which was 1 percent higher compared to July ADR and 28 percent over the prior-year period.

Assuming an ADR GGR of MOP740 to 760 million for the remainder of the month, August GGR is estimated to reach MOP23 to MOP23.5 billion, representing a year-on-year increase of 22 to 25 percent, said Bernstein.