Tag Archives aggregated

Macau records lacklustre June aggregated gross gaming revenues

by

The 39 casinos in Macau reportedly saw their aggregated gross gaming revenues for June drop by almost 97% year-on-year to just over $89.69 million due in large part to the impact of ongoing coronavirus-related travel restrictions. According to a report from Inside Asian Gaming citing official information from the enclave’s Gaming Inspection and Coordination ...

Recovery in Macau aggregated gross gaming revenues remains elusive

by

Travel restrictions implemented to help stop the spread of coronavirus were reportedly largely to blame as Macau recorded a 93.2% year-on-year decrease in aggregated gross gaming revenues for last month to just $220.94 million. According to reports from GGRAsia and Inside Asian Gaming citing official figures from the enclave’s Gaming Inspection and Coordination Bureau, ...

Macau downgrades full-year aggregated casino revenue prediction

by

The government of Macau has reportedly halved the city’s coming full-year aggregated gross gaming revenues forecast in light of the negative impacts of the ongoing global coronavirus pandemic. According to a report from GGRAsia, the former Portuguese enclave now expects its 39 active casinos to record aggregated gross gaming revenues for 2020 of approximately ...

Macau likely to record ‘bleak’ February aggregated gross gaming revenues

by

A leading brokerage firm has reportedly predicted that an ongoing casino shutdown in Macau could eventually push the city’s aggregated gross gaming revenues for the entirety of February down by as much as 95% year-on-year to around $158.5 million. According to a report from Inside Asian Gaming, this is the opinion of Sanford C ...

Macau casinos post disappointing aggregated November revenues figure

by

The over 35 casinos in Macau reportedly experienced a disappointing November after chalking up an 8.5% year-on-year decrease in aggregated gross gaming revenues to slightly over $2.83 billion. According to a Sunday report from Inside Asian Gaming citing official figures from the enclave’s Gaming Inspection and Coordination Bureau, the November figure was the year’s ...

Macau expecting reduced aggregated gross gaming revenues for 2020

by

In Macau and government officials have reportedly announced that they expect the city’s collection of almost 40 casinos to chalk up aggregated gross gaming revenues of about $32.2 billion for the entirety of next year. According to a report from GGRAsia, this prediction was contained within the enclave’s draft budget for 2020 and would ...

Slight improvement in September aggregated gross gaming revenues for Macau

by

Following two months of comparable declines and aggregated gross gaming revenues from the over 35 casinos in Macau reportedly recovered in September courtesy of an increase of 0.57% year-on-year to slightly over $2.73 billion. According to a report from the Bloomberg news service citing official figures from the enclave’s Gaming Inspection and Coordination Bureau, ...

Gloomy prediction for future Macau aggregated gross gaming revenues

by

The boss for prominent Asian junket operator, Suncity Group, has reportedly predicted that Macau could see an up to 20% decline year-on-year in fourth-quarter aggregated gross gaming revenues to around $7.79 billion. According to a report from GGRAsia, Alvin Chau Cheok Wa (pictured) made the forecast via a story published earlier today by the ...

Macau records comparable drop in August aggregated gross gaming revenues

by

The over 35 casinos in Macau reportedly had a bad August after they chalked up an 8.6% year-on-year decrease in aggregated gross gaming revenues to come in at slightly over $3 billion. According to a Sunday report from GGRAsia citing official figures from the enclave’s Gaming Inspection and Coordination Bureau, the result for the ...

Macau records a 3.5% decline in aggregated gross gaming revenues for July

by

The over 35 casinos in Macau reportedly had a bad July after ending a recent spurt of comparable growth to post a 3.5% decline year-on-year in aggregate gross gaming revenues to approximately $3.03 billion. Comparable disappointment: According to a Thursday report from GGRAsia citing official figures from the enclave’s Gaming Inspection and Coordination Bureau, ...

Macau expected to post relatively flat July aggregated gross gaming revenues

by

The Asian branch of global brokerage firm, Sanford C Bernstein and Company, has reportedly predicted that the Macau’s 38-venue casino market will post comparatively flat aggregated gross gaming revenues for the month of July. Paltry performance: According to a report, the Hong Kong-headquartered entity stated that it expects the city’s casino industry to record ...