Macau GGR shows strong momentum post CNY; Bernstein

Macau gaming revenue picked up strong momentum post Chinese New Year, despite a slow start at the beginning of the festive season, according to Bernstein.

Macau gross gaming revenue was recorded at MOP 5.9 billion (US$ 737.2 million)  for the week of Feb. 14 – 21, implying an ADR of MOP 843 million, compared to MOP 628 for Feb. 1 – 14.

Bernstein estimates February GGR at MOP 19.5 – 19.7 billion, representing a minor year-on-year decline, or a potentially positive growth.