Macau’s gross gaming revenues are estimated to have reached MOP$13 billion (US$1.61 billion) for the first 21 days of January, translating to a daily run-rate of MOP$619 million (US$76.8 million) per day – up from MOP$599 million (US$74.4 million) per day in December, according to JP Morgan.
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The investment bank also stated in a Monday note that the past seven days saw an estimated run-rate of MOP$628 million (US$78.0 million) per day, suggesting continued acceleration since the turn of the year and defying expectations that revenues would soften ahead of the Chinese New Year holiday.
Based on this, mass GGR is running at close to 110% of pre-COVID levels, with VIP still lingering at around 20%.
