• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau GGR at near standstill for 2014 on Nov result

Dec 01, 2014 Newsdesk Latest News, Macau, Top of the deck  


Macau GGR at near standstill for 2014 on Nov result

Gross gaming revenue (GGR) in Macau for the calendar year to November 30 is at near standstill levels judged year-on-year, based on the latest numbers for last month.

GGR for November fell 19.6 percent year-on-year to MOP24.27 billion (US$3.04 billion) compared to MOP30.18 billion in the year-prior period, said the territory’s regulator the Gaming Inspection and Coordination Bureau (DICJ) on Monday.

The accumulated total for the calendar year to November 30 stood at MOP328.24 billion, a year-on-year rise of only 0.3 percent on the MOP327.28 achieved in the same period last year.

Investment analysts at Credit Suisse AG in Hong Kong had expected a 20 percent year-on-year decline in November – based on unofficial industry returns on average daily revenue up to November 23.

The split between mass revenue and VIP revenue for November won’t be officially known until the fourth quarter results are published by DICJ early in January.

But in October mass-market revenue dropped about 8 percent year-on-year, according to unofficial industry returns quoted by investment analysts. GGR market-wide in Macau dropped by 23 percent year-on-year in October, according to official data.

There has been a contraction in VIP revenue seen in every month since June, linked by analysts to the corruption crackdown in mainland China. Prior to October however, the mass market was still expanding year-on-year, albeit at a slower rate than last year.

Credit Suisse additionally said last week that the outlook for Macau GGR was still clouded by margin decline – linked to the contraction in the higher margin mass gaming segment – and keener competition on price between Macau casino operators, including “more aggressive junket incentive plans” for 2015.


  • tweet
Related articles
  • Nearly 70k visitors to Macau on 6th day of CNY break
    Nearly 70k visitors to Macau on 6th day...

    Jan 27, 2023  

  • Macau govt sticks to US$16bln forecast for 2023 casino GGR
    Macau govt sticks to US$16bln forecast...

    Jan 13, 2023  

More news
  • Available Macau casino tables busy at tail of CNY hols
    Available Macau casino tables busy at...

    Jan 27, 2023  

  • Macau economy to see double-digit growth in 2023: AMCM
    Macau economy to see double-digit...

    Jan 27, 2023  


Latest News

Available Macau casino tables busy at tail of CNY hols

Available Macau casino tables busy at tail of CNY hols

Jan 27, 2023  

Some Macau casinos visited by GGRAsia on Thursday, actually had tables that were closed, notwithstanding strong consumer demand during Chinese New Year (CNY). The reasons for some tables being...
Read More
Macau economy to see double-digit growth in 2023: AMCM

Macau economy to see double-digit growth in 2023: AMCM

Jan 27, 2023  

Macau, APAC early gainers in China tourist return says Fitch

Macau, APAC early gainers in China tourist return says

Jan 27, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


384,600

Aggregate number of visitors to Macau during the first six days of the Chinese New Year holiday break



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • G2E Asia in-person for Macau in 2023, first time since 2019G2E Asia in-person for Macau in 2023, first time since 2019 January 27, 2023
  • Nearly 70k visitors to Macau on 6th day of CNY breakNearly 70k visitors to Macau on 6th day of CNY break January 27, 2023
  • 71pct of Sands China licence spend for venues says parent71pct of Sands China licence spend for venues says parent January 26, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us