SectorWire
SearchRegister
MenuClose

Macau gaming revenue reaches 88% of pre-pandemic level in June

Regulation

Macau’s gross gaming revenue rose 19% year on year to MOP21.1 billion in June, reaching 88% of its pre-pandemic level, according to JP Morgan analysts DS Kim and Selina Li. The analysts said second-quarter revenue totalled MOP61 billion, up 8% year on year, and estimated VIP revenue grew 12% annually while mass-market revenue increased 8%.

The revenue and segment figures give investors an indication of Macau’s gaming recovery and its differing performance across customer groups.

Request a correction

Flag an issue

Keep reading

Regulation

Analysts report Macau January gaming revenue of MOP22.6bn

Analysts discussed gaming-company outlooks and market figures in notes dated 29 January to 2 February, the report said. Macau's gaming bureau reported January gross gaming revenue of MOP22.6 billion, up 24% year over year and equal to 91% of 2019 levels; analysts also cited New York online sports betting hold of 4.7% for the week.

Continue reading