Macau’s mass gaming revenues are expected to return to 100% of pre-COVID levels during the upcoming 1 October Golden Week as growth continues through the first weeks of August, according to investment bank JP Morgan.
In a Monday note detailing the results of their weekly channel checks, JP Morgan analysts DS Kim and Mufan Shi said GGR for the first 20 days of August was estimated at MOP$11.2 billion (US$1.39 billion) or MOP$560 million (US$69.3 million) per day, suggesting the past week saw improvement to MOP$570 million (US$70.6 million) per day.
