Friday, July 01, 2022

Macau GGR shows strong momentum post CNY; Bernstein


Macau gaming revenue picked up strong momentum post Chinese New Year, despite a slow start at the beginning of the festive season, according to Bernstein.

Macau gross gaming revenue was recorded at MOP 5.9 billion (US$ 737.2 million)  for the week of Feb. 14 - 21, implying an ADR of MOP 843 million, compared to MOP 628 for Feb. 1 - 14.

Bernstein estimates February GGR at MOP 19.5 - 19.7 billion, representing a minor year-on-year decline, or a potentially positive growth.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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