• 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 up 14 pct Nov, fourth straight monthly rise

Dec 01, 2016 Newsdesk Latest News, Macau, Top of the deck  


Macau GGR up 14 pct Nov, fourth straight monthly rise

Macau’s casino gross gaming revenue (GGR) grew year-on-year for the fourth consecutive month in November, according to data released on Thursday by the city’s regulator, the Gaming Inspection and Coordination Bureau.

Such casino GGR was approximately MOP18.79 billion (US$2.35 billion) for the month, representing a 14.4-percent increase on the prior-year period. The last time there was double-digit-percentage growth year-on-year in monthly GGR was April 2014, prior to the local industry’s downturn.

November’s result marks the fourth consecutive month of GGR growth rate acceleration since August, when GGR went up by 1.1 percent year-on-year. August was the first time in 27 months that such revenue had not contracted, judged year-on-year.

Macau’s accumulated casino GGR for the 11 months to November 30 stood at nearly MOP203.40 billion, a year-on-year decline of 4.3 percent from the equivalent period in 2015.

Chinese-language financial newswires out of Hong Kong reported on Wednesday – quoting a note from analyst Karen Tang of Deutsche Bank AG – that the growth rate for Macau VIP GGR in November was likely to have been 20 percent judged year-on-year.

They also reported that the note stated this type of robust VIP growth rate could be extended into the coming six to 12 months.

Macau’s gaming bureau only publishes the split between VIP and mass-market casino GGR on a quarterly basis. Investment analyst forward estimates on the structure of the market are typically based on unofficial returns from the industry.


  • tweet
Related articles
  • Macau’s Grand Lisboa cordoned amid 13-case Covid cluster
    Macau’s Grand Lisboa cordoned...

    Jul 05, 2022  

  • Macau monthly GGR for June worst since Sept 2020
    Macau monthly GGR for June worst since...

    Jul 01, 2022  

More news
  • IGT completes US$165mln acquisition of iSoftBet
    IGT completes US$165mln acquisition...

    Jul 05, 2022  

  • Macau publishes amendment to public tender regulation
    Macau publishes amendment to public...

    Jul 05, 2022  


Latest News

IGT completes US$165mln acquisition of iSoftBet

IGT completes US$165mln acquisition of iSoftBet

Jul 05, 2022  

Casino equipment maker and digital gaming content provider International Game Technology Plc (IGT) says it has completed a process to acquire iSoftBet for approximately EUR160 million (US$164.6...
Read More
Macau publishes amendment to public tender regulation

Macau publishes amendment to public tender regulation

Jul 05, 2022  

Macau’s Grand Lisboa cordoned amid 13-case Covid cluster

Macau’s Grand Lisboa cordoned amid 13-case Covid...

Jul 05, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”I thought they were wise to recommend five locations across the kingdom [for casino resorts] rather than one or two locations in Bangkok”

Andrew Klebanow

Principal at industry consultancy C3 Gaming Group



Most Popular

  • Four Seasons Macao shops paused on Covid casesFour Seasons Macao shops paused on Covid cases July 4, 2022
  • GKL sees June casino sales up 34pct sequentiallyGKL sees June casino sales up 34pct sequentially July 4, 2022
  • Macau ops all likely had negative 2Q EBITDA: JP MorganMacau ops all likely had negative 2Q EBITDA: JP Morgan July 4, 2022
  • Macau due 3 new rounds of Covid tests, more than 850 casesMacau due 3 new rounds of Covid tests, more than 850… July 4, 2022
  • Public backing vital for a Thailand casino biz: expertsPublic backing vital for a Thailand casino biz: experts July 4, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us