According to the analysts, mass GGR is estimated to be sitting at 110% of pre-pandemic levels, while VIP remains subdued in the low-to-mid 20% range.
Macau’s Gaming Inspection and Coordination Bureau had previously reported a Macau-wide GGR of MOP18.59 billion in July, which was a 5.1% increase from the previous month and 11.6% higher when compared to the year prior. However, some investment analysts had described the July GGR result as “weak” relative to market expectations, citing a likely slowdown in the daily run-rate towards the end of the month.
