May gaming results to remain weak with slight m-to-m improvement
Wednesday 04 de May 2022 / 12:31
⏱ 2 min read
(Macau).- May gaming results will remain weak but improve from April, analysts from Sanford C. Bernstein have estimated.
Amid repeated outbreaks in Mainland China, monthly gross gaming revenues reported in the Macau SAR have continued to decrease this year, with April reporting a total of MOP2.6 billion (US$331.2 million), a 68 per cent year-on-year plunge and the lowest monthly tally reported since August, 2020.
According to a Bernstein dispatch, the April total was also only 11 per cent of the results reported in April, 2019 prior to the pandemic, with only MOP89 million in average daily revenue.
However, a recovery had been reported on daily gaming averages from April 25 to 30 to MOP96 million daily helped by Macau’s relaxed border policy with travellers entering from Guangdong now required to present a COVID test up to 72 hours prior to entry, as opposed to the 48 hours since April 20, and 24 hours earlier in April and March.
Bernstein also noted that visitation in Macau during the Labour Day is going ‘better than expected’ by local authorities with at least a 25,000 daily average for tourist arrivals.
Tourism authorities indicated that 41,584 tourists visited Macau on the first day of the Labour Day holiday period on April 30, the highest single-day number of visitors so far this year, but that number then dropped to some 25,000 entries on May 1.
“The Labour Day holiday is usually a three-day break, but this year, the China government has extended it into a five-day holiday. The holiday extension would in normal times be highly positive for Macau visitation and revenues, as more people would travel,” Bernstein indicated.
“However, with the COVID outbreaks in China, and lockdowns across many regions in China, travel will definitely not live up to prior expectations”
Categoría:Casino
Tags: Sin tags
País: Macao
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
