• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 27 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Macau GGR up 5.1% month-on-month to MOP$18.6 billion in July

Ben Blaschke by Ben Blaschke
Thu 1 Aug 2024 at 12:47
Macau GGR up 5.1% month-on-month to MOP$18.6 billion in July
26
SHARES
646
VIEWS
Print Friendly, PDF & Email

Macau’s Gaming Inspection and Coordination Bureau (DICJ) reported industry-wide gross gaming revenue of MOP$18.6 billion (US$2.31 billion) in July, up 11.6% year-on-year and 5.1% higher than in June.

It also represents a recovery back to 75.9% of July 2019 levels, when Macau GGR was MOP$24.5 billion (US$3.04 billion).

The improved July result was in part due to seasonality given the prior month of June is traditionally the weakest each year, but is also tipped by most analysts to be the start of a stronger finish to the year, with 3Q24 expected to be stronger than Q2 and Q4 becoming stronger again.

For the first seven months of 2024 combined, GGR reached MOP$132.3 billion (US$16.4 billion), up 36.7% compared to the same period last year.

In a recent note, Seaport Research pointed to a series of key questions moving forward when it comes to how Macau will perform in 2H24, specifically “operating costs, player reinvestment, July trends and August outlook, impact of money flow crackdown and the impact it may be having on gaming revenues, slowness of base mass recovery and what expectations may be.”

The research platform said it expects a “slight increase” in GGR in Q3 on seasonality followed by a more meaningful 5.5% jump in the December 2024 quarter.

RelatedPosts

Ainsworth flags 1H25 revenue growth on Australian market strength but Novomatic takeover facing opposition by family of founder

Ainsworth and Novomatic terminate scheme of arrangement following revolt by shareholder block, unconditional takeover offer remains

Wed 27 Aug 2025 at 05:17
Tak Chun boss Levo Chan to make mandatory cash offer for additional 29% stake in Macau Legend

Macau Legend to recognize US$165 million impairment on loss of satellite casino operations at Legend Palace

Wed 27 Aug 2025 at 04:39
Macau GGR down 62% year-on-year to MOP$2.48 billion in June

Morgan Stanley: Macau gaming stocks likely set for re-rating given recent dividend payouts

Tue 26 Aug 2025 at 12:59
Sons of NagaCorp founder Chen Lip Keong join Forbes list of Malaysia’s richest

Surging mass market sees NagaCorp gaming revenues, profit enjoy double-digit growth in 1H25

Tue 26 Aug 2025 at 05:30
Load More
Tags: DICJGamingGaming Inspection and Coordination Bureaugross gaming revenueJulyMacau
Share10Share2
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

A moral defense of gambling

Star Entertainment Group says lender group’s terms around requested covenant waivers “unacceptable”

by Ben Blaschke
Wed 27 Aug 2025 at 13:47

Australia’s Star Entertainment Group has described as “unacceptable” the terms put forward by its lenders to provide requested covenant waivers for the September and December quarters on its AU$430 million (US$279 million) loan. The waivers are seen as crucial for...

Novomatic granted vendor license by UAE’s General Commercial Gaming Regulatory Authority

Novomatic’s stake in Ainsworth Game Technology edges above 55%

by Ben Blaschke
Wed 27 Aug 2025 at 13:16

Austrian gaming giant Novomatic and its founder Johann Graf have increased their stake in Australian slot machine supplier Ainsworth Game Technology, which now sits at 55.2%. According to a filing with the Australian Securities Exchange, the combined entities of Novomatic...

IAG announces 100 official judges for 2025 IAG Academy IR Awards at Newport World Resorts on Tuesday 9 September

IAG announces 100 official judges for 2025 IAG Academy IR Awards at Newport World Resorts on Tuesday 9 September

by Newsdesk
Wed 27 Aug 2025 at 13:03

Inside Asian Gaming is pleased to announce the 100 judges who will lend their expertise on the Judging Panel for the 2025 IAG Academy IR Awards. The Awards will be held at the Manila Ballroom at Manila Marriott Hotel, Newport...

Live Casino Streaming: Requirements every operator should know

Live Casino Streaming: Requirements every operator should know

by Newsdesk
Wed 27 Aug 2025 at 11:49

The live casino market is experiencing unprecedented growth, with projections showing the global live dealer games segment reaching $34.2 billion by 2033 (Growth Market Reports). As operators compete for players' attention in this booming sector, the quality of their streaming...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English