Academics predict Macau GGR could reach almost US$24 billion in 2023

A Macau gaming industry academic has suggested Macau’s gross gaming revenue could reach as high as MOP$190 million (US$23.7 billion) ...

Melco Resorts subsidiary increases notes offering to US$850 million

Melco edges closer to profit in 2Q23 as mass tables lead Macau recovery

by Ben Blaschke

01/08/2023

Melco Resorts & Entertainment has yet to return to profit since the easing of Macau border restrictions on 8 January, ...

Macau’s mass GGR reached 70% of pre-COVID levels in March, aided by further China reopening: analysts

Macau sets new post-pandemic high as July GGR hits MOP$16.66 billion

by Ben Blaschke

01/08/2023

Macau’s gaming industry climbed to a new post-pandemic high in July, with gross gaming revenues reaching MOP$16.66 billion (US$2.06 billion). ...

Macau government said to have reached consensus with bidders for combined US$12.5 billion investment during new 10-year concession period

Macau’s mass market baccarat responsible for 58.4% of all GGR in 2Q23

by Ben Blaschke

18/07/2023

Macau’s gaming regulator, the Gaming Inspection and Coordination Bureau (DICJ), reported 2Q23 revenue results on Tuesday, with mass market baccarat ...

Macau GGR down 62% year-on-year to MOP$2.48 billion in June

Macau on track to post highest post-COVID GGR in July

by Ben Blaschke

18/07/2023

Macau is on track to record in July the highest monthly gross gaming revenue since the start of the COVID-19 ...

Tag: gross gaming revenue