• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 31 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Legislator says Macau GGR can reach US$1 billion a month once Guangdong border restrictions eased

Jane Ka Cheng Wong by Jane Ka Cheng Wong
Fri 3 Jul 2020 at 03:53
Legislator says Macau GGR can reach US$1 billion a month once Guangdong border restrictions eased
50
SHARES
1.1k
VIEWS
Print Friendly, PDF & Email

Macau legislator and gaming expert, Davis Ka Chio Fong, estimates gross gaming revenue could recover to around MOP$8 billion (US$1 billion) per month once Guangdong Province reopens its border with Macau.

Macau’s GGR dropped by 97% year-on-year to a record low of just MOP$716 million (US$90 million) in June, down 59.4% compared to May. After Guangdong Province implemented quarantine measures on all arrivals from Macau in late March, GGR in Macau fell to MOP$754 million (US$94.5 million) in April, but had slightly recovered to MOP$1.76 billion (US$220.5 million) in May.

Professor in Integrated Resort and Tourism Management and Director of the Institute for the Study of Commercial Gaming of the University of Macau, Fong told media, including Inside Asian Gaming, on Thursday that he believes June’s GGR number represents the trough of the pandemic.

“We have found that the majority of gamblers are local residents in this period, so we have almost touched the bottom,” he said. “I hope Macau can establish a travel bubble with nearby regions.

“Once the border with Guangdong Province starts to open, Macau’s GGR will likely recover to between MOP$6 billion and MOP$10 billion depending on the level of opening, so it might be about MOP$8 billion. But of course it’s hard to reinstate the GGR level as before.”

Regarding the travel bubble between Macau, Guangdong Province and Hong Kong, Fong explained there was a difference in the needs of each jurisdiction.

“Over 50% of Macau’s GDP depends on tourism and relevant industries, while other places only have 10% GDP contributed from tourism industries,” he said. “So Macau has an urgent need to push for the reopening of borders. Other places don’t have such motivations and pressures.”

Conversely, Fong noted there would be greater responsibility placed on other jurisdictions once border controls were eased.

“For example, if the IVS (Individual Visit Scheme) resumed, those relevant provinces have to resume their policies, and their governments have to rearrange and redistribute their resources.

“Also, different cities have different preventive policies, so visitors from different provinces have to follow their own arrangements, such as with virus tests. Different cities have different fees, and visitors have to pay for it to visit Macau.

“Opening borders would benefit Macau, but other places might lose from it.”

Fong suggested Macau should offer more promotions or discounts for visitors to counteract their cost of visiting.

RelatedPosts

Melco prices US$750 million Senior Notes offering

Melco Resorts parent Melco International back in the black with US$45 million 1H25 profit

Sun 31 Aug 2025 at 08:45
Morgan Stanley: Macau’s peninsula IRs could claim some GGR share from closure of SJM’s satellites

SJM still in discussions over acquisition of Macau satellite casinos Ponte 16 and L’Arc

Sun 31 Aug 2025 at 08:43
Macau hotel occupancy rate reached 91% in July, up 1.9 percentage points year-on-year

Macau hotel occupancy rate reached 91% in July, up 1.9 percentage points year-on-year

Sun 31 Aug 2025 at 06:32
Sands China celebrates 1.1 billion cumulative visitors to its Macau resorts

Sands China celebrates 1.1 billion cumulative visitors to its Macau resorts

Thu 28 Aug 2025 at 19:09
Load More
Tags: Davis FongGGRgross gaming revenueGuangdong ProvinceIndividual Visit SchemeMacau
Share24Share3
Jane Ka Cheng Wong

Jane Ka Cheng Wong

Jane Ka Cheng Wong is a journalist who joined Inside Asian Gaming after working for local Macau media for many years. As part of the IAG team she covers Macau-based stories relating to politics, gaming, IRs and local associations among other topics. Jane is intrigued by unique scenarios, vibrant cultures and different people, and hopes to continue exploring new places around the world in the future.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

The Star Sydney’s casino license in limbo as final report from second inquiry handed to regulator

Son of Star’s largest shareholder joins Star Entertainment Group board as non-executive director

by Newsdesk
Sun 31 Aug 2025 at 09:16

Troubled Star Entertainment Group has announced the appointment of Bruce Mathieson Jr – the son of Australian pub baron and Star’s largest shareholder Bruce Mathieson – as a non-executive director of the company, subject to regulatory approvals. Mathieson Jr, currently...

Melco prices US$750 million Senior Notes offering

Melco Resorts parent Melco International back in the black with US$45 million 1H25 profit

by Ben Blaschke
Sun 31 Aug 2025 at 08:45

Melco’s Hong Kong-listed parent Melco International Development Ltd recorded a profit attributable to owners of the company of HK$350.8 million (US$45.0 million) for the six months to 30 June 2025, buoyed by the improved performance of its gaming and non-gaming...

Morgan Stanley: Macau’s peninsula IRs could claim some GGR share from closure of SJM’s satellites

SJM still in discussions over acquisition of Macau satellite casinos Ponte 16 and L’Arc

by Ben Blaschke
Sun 31 Aug 2025 at 08:43

SJM Holdings is still in discussions over a possible acquisition of two Macau satellite casinos as it continues preparations for the cessation of the city’s satellite industry, management has confirmed. The update formed part of the company’s earnings call late...

Macau hotel occupancy rate reached 91% in July, up 1.9 percentage points year-on-year

Macau hotel occupancy rate reached 91% in July, up 1.9 percentage points year-on-year

by Pierce Chan
Sun 31 Aug 2025 at 06:32

Macau’s hotel occupancy rate surpassed the 90% threshold in July, reaching 91% for a year-on-year gain of 1.9 percentage points, according to information from the Statistics and Census Service. Benefiting from the summer holiday peak season, all tourism metrics in...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語