GGRAsia – Macau

Macau early Feb average daily GGR higher than Jan: JPM

Feb 06, 2023 Newsdesk Latest News, Macau, Top of the deck

Macau’s casino gross gaming revenue (GGR) for the first five days of February is estimated at MOP1.9 billion (US$235.1 million) – or MOP380 million per day – a level that suggests a “45...

Macau tour trade returns at historic areas, resorts says govt

Feb 06, 2023 Newsdesk Latest News, Macau, Top of the deck

On Monday (February 6) the first day of resumed tour-group business to Macau after a circa three-year suspension amid the Covid-19 pandemic, the city received six parties of visitors from the Chinese...

Return of tours good for mass floor traffic: observers

Feb 03, 2023 Newsdesk Latest News, Macau, Top of the deck

The imminent return of package tours from mainland China will not only help boost Macau’s tourism businesses, but is also expected to help casinos gain more foot traffic in their mass gaming...

Mainland tour groups to Macau to resume Feb 6: govt

Feb 03, 2023 Newsdesk Latest News, Macau, Top of the deck

Package tours from mainland China to Macau will resume from Monday, February 6, confirmed Macau’s Secretary for Economy and Finance, Lei Wai Nong, in a Friday press conference. The return of...

Jaw-dropping wagers in Macau CNY survey: Citigroup

Feb 02, 2023 Newsdesk Latest News, Macau, Top of the deck

The tally of Macau gamblers was “down” in a casino floor-based January survey of the city’s premium mass and mass table games segments, but “average bet size was much higher” than in a...

Macau ops track early recovery after Jan GGR: analysts

Feb 01, 2023 Newsdesk Latest News, Macau, Top of the deck

Most of Macau’s casino operators are likely to generate positive free cash flow in the first quarter, given the robust recovery level of mass-market gross gaming revenue (GGR) in January, relative...

Prominent locals speak in court for Tak Chun boss Levo Chan

Feb 01, 2023 Newsdesk Latest News, Macau, Top of the deck

A number of prominent Macau locals spoke in court on Wednesday as character witnesses for Levo Chan Weng Lin, once boss of former Macau junket business Tak Chun Group. Mr Chan and eight other...

January travel lift, CNY sees Macau GGR up 233pct m-o-m

Feb 01, 2023 Newsdesk Latest News, Macau, Top of the deck

Macau’s January casino gross gaming revenue (GGR) grew 232.6 percent month-on-month, coinciding with the ending of mainland China and Macau’s respective ‘zero-Covid’ policies at the start of...

Gaming-related crime in Macau down 30pct in 2022: police

Feb 01, 2023 Newsdesk Latest News, Macau, Top of the deck

Macau recorded 965 “gaming-related” crimes in full-year 2022, down 29.7 percent on the 1,372 identified in the previous year, according to the latest statistics published on Tuesday by...

Tak Chun execs knew illicit to settle proxy in Macau: trial

Jan 31, 2023 Newsdesk Latest News, Macau, Philippines, Top of the deck

A Tuesday Macau court session heard allegations of ‘proxy bets’ being facilitated overseas on behalf of customers of former casino junket brand Tak Chun Group, with bet settlement done via Macau,...