Macau’s gross gaming revenues are on the rise again, over the past week reaching their highest non-holidays levels since China eased most remaining border restrictions in January.
According to weekly channel checks conducted by investment bank JP Morgan, GGR for the first 11 days of June reached MOP$5.5 billion (US$681 million) or MOP$500 million (US$62 million) per day. Given that the previous few weeks had been negatively impacted by a seasonal lull, this implies the past week’s run-rate was MOP$530 million (US$66 million) – up from MOP$450 million (US$56 million) recently.
