Oct 04, 2018 Newsdesk Latest News, Macau, Top of the deck  
Visitor arrivals to Macau during the first three days of the October Golden Week holiday period rose by an average of 14 percent, to a total of 424,179, show data issued on Thursday by the Macao Government Tourism Office.
That was more than four percentage points fewer than the 18.4 percent year-on-year growth on the first day of the holiday period.
The average was brought down by only a 10.8 percent rise in the tally for day two, and a 13.3 percent increase for day three.
Visitors from mainland China made up 85.9 percent of all arrivals in the first three days of the holiday period, contributing 364,234 visits in total; and an average 24.1 percent year-on-year expansion for the first three days of the festive period.
October Golden Week is usually a peak season for the city’s tourism and casino industries as hundreds of thousands of mainland Chinese tourists take advantage of the week-long break to visit Macau.
There is however no direct correlation between overall tourism arrivals and casino gross gaming revenue (GGR) in Macau, according to investment analysts, who have said that is because GGR in the Macau market has been typically skewed to high-end play.
China’s State Council declared October 1 to October 7 as this year’s National Day holiday period. But September 29 and 30 immediately beforehand are weekend days this year, meaning some spillover in terms of tourism arrivals had been anticipated by the authorities.
May 17, 2023
May 10, 2023
Jun 01, 2023
Jun 01, 2023
Jun 01, 2023
The iGaming segment in Asia “has grown rapidly” since the onset of the Covid-19 pandemic in early 2020, says Rakhi Jaimini (pictured), sales manager at sports betting and online casino operating...Jun 01, 2023
The iGaming segment in Asia “has grown rapidly” since...May 31, 2023
Showing slot machine players – via animations on the...May 31, 2023
Macau stocks in likelihood “have been punished too much...May 31, 2023
There are foreign companies still interested in investing...May 31, 2023
Thailand could pass the necessary enabling legislation for...May 30, 2023
China will remain a key market for Asian gaming...May 30, 2023
Alejandro Tengco (pictured in a file photo), chairman and...May 30, 2023
There are “plenty of reasons” for the global gaming...May 30, 2023
Gaming equipment provider International Game Technology Plc...May 30, 2023
The Global Gaming Expo (G2E) Asia 2023 Special Edition:...May 29, 2023
Austria-based gaming equipment maker and operator Novomatic...May 25, 2023
Sports betting and online casino operating platform...May 24, 2023
The business performance in Asia of gaming content and...May 18, 2023
The organisers of Global Gaming Expo (G2E) Asia 2023...May 17, 2023
Gaming content and equipment supplier Light & Wonder...May 16, 2023
Casino equipment maker Sega Sammy Creation Inc is to...May 09, 2023
Casino slot machine and digital gaming content provider...May 05, 2023
The Global Gaming Expo (G2E) Asia event in Singapore is the...May 04, 2023
An adviser to a Thailand parliamentary committee mulling...(Click here for more)
”[Macau casino] operators may want to remain prudent in not appearing to reward shareholders too early”
DS Kim
Head of Asia gaming and leisure research at JP Morgan Securities (Asia Pacific)