Good morning! DICJ’s mass/ VIP splits data for Macau 3Q22 GGR is short of encouraging. The six operating contenders have nonetheless stepped up to support the Macau Grand Prix in November. Cathay is adding more regional flights.
What you need to know
- Mass and VIP GGR splits data posted by DICJ show Macau 3Q22 GGR at 11 percent of 2019, a 32.5 percent drop from the previous quarter.
- All six concessionaires have replaced the title sponsorship of the Macau Grand Prix, to be held from November 17 to 20, under strict epidemic prevention measures.
On the radar
- Ex-MGM David Tsai appointed Crown Perth CEO.
- Sun Group, others, waiting on Vietnam government.
AGB Intelligence
MACAU
Concessionaires replace Macau Grand Prix title sponsorship
The six gaming concessionaires have replaced the title sponsorship of the 69th Macau Grand Prix, to be held from November 17 to 20, under strict epidemic prevention measures. The Macau Grand Prix is an important sports tourism brand project for the city and the staging of the Grand Prix amply demonstrates that Macau is both a vibrant and safe city to visit, the government argued in a press conference held on Monday to release this year’s edition details. Broadcasting the Grand Prix races to other countries and regions in the Mainland and overseas will disseminate a positive image of Macau around the world, organizers expect.
Industry Updates
- Casino licensees support PAGCOR’s Karding relief efforts.
- Armine Sirunyan Digitain’s new Group Chief Operating Officer.
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