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New Year’s Visitation Soars

Newsdesk by Newsdesk
Tue 12 Feb 2013 at 04:14
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Visitation to Macau from the Chinese mainland hit 83,000 on Monday, the second day of the Lunar New Year holiday, a 30% increase over Day 2 last year.

Checks by Union Gaming Research Macau show a 26% increase in mainland visitation over the last five days to 328,000, aided by a network of shuttle busses reportedly deployed by local officials on the Zhuhai side of the border.

Total visitation through Day 2 from all sources increased 20% year on year to 134,305, UGR says. Over the last five days, total visitation has increased 17% to 515,493 persons.

“We expect today, Tuesday, to be the day that casino players start descending on Macau in earnest, with a concurrent positive GGR inflection,” the firm wrote in a note to investors. “We would look for this trend to continue through this coming Sunday and possibly through early next week.”

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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