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Macau GGR sees decline after summer peak: UBS
Macau's daily gross gaming revenue (GGR) has slowed following the end of the summer holiday season, according to UBS.
HK local racing turnover down by 10% due to illegal betting, outbound tourism and “aggressive marketing” by Macau casinos
Hong Kong’s betting turnover on local races fell by nearly 10 percent in 2023, with the Hong Kong Jockey Club (HKJC) attributing the decline to a rise in illegal gambling and increased spending by residents outside the city.
Macau August GGR hits 81% of 2019 levels, best since reopening: Seaport
Macau's gross gaming revenue (GGR) reached $2.46 billion in August, representing 81.7 percent of the GGR recorded in August 2019. This marks the best relative comparison since Macau’s reopening following the pandemic.
Macau’s August GGR reaches $2.46B, up 14.8% Y-o-Y
Macau’s gross gaming revenue (GGR) amounted to MOP19.75 billion ($2.46 billion) in August, reflecting a 14.8 percent increase from the same month last year’s MOP17.21 billion ($2.14 billion).
Sands China maintains Macau GGR market share lead in 2Q24
Macau gaming operator Sands China has maintained its leadership in the city's gaming industry, holding a 24.5 percent gross gaming revenue (GGR) market share in 2Q24.
Daily Asia Gaming eBrief: Macau August GGR to see moderate increase
The middle of the third quarter could start to see marginal improvements for Macau operators, after a slow start. Certain restraining factors in July, including soft visitation and money changing crackdowns are likely to be offset this month, boding well. Meanwhile, while some jurisdictions are shying away from the online segment, Vanuatu has just launched its new online portal to process Interactive Gaming Licenses,utilizing its new regulatory framework to provide attractive options for operators seeking better pastures.
Macau GGR hits $2.31B in July, marking yearly and sequential rises after a slow June
Macau’s gross gaming revenue for July reached a total of MOP18.59 billion ($2.31 billion), up by 11.6 percent yearly and 5 percent monthly.
CLSA cuts forecast for Macau 2024 GGR due to uncertainty in near-term
Investment bank CLSA has revised down Macau's casino gross gaming revenue (GGR) for 2024 and 2025 due to near-term uncertainty, such as seasonality and China's intensified crackdown on illicit money exchange.
Macau GGR to reach $29 billion in 2024: Goldman Sachs
Macau’s gross gaming revenue (GGR) is expected to reach $29 billion this year, representing 82 percent of pre-COVID-19 levels, according to projections by Goldman Sachs.
Macau’s June GGR reaches $2.21B, down 12.4% m-o-m
Macau’s gross gaming revenue (GGR) amounted to MOP17.7 billion ($2.21 billion) in June, reflecting a 12.4 percent decrease from May’s MOP20.19 billion ($2.51 billion).