Gross Income From Macau Games For The Third Week Of July Grew By 6%
According to sanford c. Bernstein ltd, gross income from gambling (ggr) macau increased by 6% per week, ended july 18, compared with the first 11 days of the monte. According to ggrasia, ggr macau for the first 18 days of july grew by 33% compared to about $ 650 million.
However, the average daily value is still 63% lower than the values recorded in july 2019. According to bernstein, vip games in july rose by 28%, and massive income increased by 25%.
Analysts believe that the total ggr for 2021 will reach 50% of the values recorded in 2019. This will be an increase of 140% compared with 2020.
Ggr macau largely depends on players traveling from neighboring countries, mainly from china. But, given the unstable travel conditions in the world, the general forecast of the gross revenue of the game is still indefinite. On the other hand, visitors to guangdong can already benefit from mitigating travel restrictions, which contributees to the recovery of the game market and bets in macau.
The game sector macau suffers from the avenues of visitors from hong kong. But the long-term travel uniform plan with hong kong is likely to be postponed again. According to analysts, visitors to hong kong can be about 20% of macau’s gaming income.
Previously, macau intended to relieve restrictions on trips between two regions, as soon as hong kong reaches 28 days in a row without new cases of the disease. But now the mighting of the rules will not happen until hong kong opens its doors to other areas of china. To do this, there must be a vaccination level of 70%. Currently, the number of people whe received the second dose is only 30%. Another obstacle may be the need for strict control over international trips.
Source: igaming brazil