According to industry analysts JP Morgan, Macau’s gaming industry has made a significant recovery as estimated gross gaming revenue (GGR) for the Golden Week holiday period set new daily post-pandemic records.
Macau Golden Week Gaming Revenue Hits MOP$830 Million Per Day Macau Golden Week Gaming Revenue Hits MOP$830 Million Per Day Macau Golden Week Gaming Revenue Hits MOP$830 Million Per DayThe note also estimated that mass market GGR was somewhere in the region of 110% and 120% in comparison to Golden Week 2019.
Macau Golden Week Gaming Revenue Hits MOP$830 Million Per DayRecord Visitor Numbers
According to the Macau Government Tourism Office (MGTO), Macau welcomed 932,365 visitor arrivals during Golden Week, which took place between September 29th and October 6th.
September 30th saw the highest number of arrivals with 158,726 visitors. This was the highest single-day tally in four years and a post-pandemic record.
Average daily visitor arrivals were 116,546 for the holiday which represents almost four times the figure for last year. This was also 84% of 2019’s pre-pandemic figure. Hotel occupancy rates hit 87.9% across the period.
The MGTO stated that 76% of all arrivals came from mainland China.
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.