Thursday, May 30, 2024
HomeNewsMacauMacau GGR down 73% month-to-date: Bernstein

Macau GGR down 73% month-to-date: Bernstein


Macau’s gross gambling revenue is down about 73 percent in the month to date compared with the same period last year and is down 11 percent from the prior month, analysts at Bernstein Research wrote in a note.

The firm said there is no near-term sign for an improvement as this will depend on visa processing bottlenecks.

VIP volumes are down about 80 percent with a lower-than-normal win rate, while mass is down in the high sixties percent, the note said.

AGBrief Editorial
AGBrief Editorial
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.


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