nearby Guangdong province<\/a>. That’s the region of mainland China that’s closest to the gaming center, and one that delivers a significant percentage of VIP and premium mass market gamblers to the SAR.<\/p>\nOther Issues<\/h2>\n
Even if travel controls and the IVS halt are soon lifted, those are not guarantees that Macau GGR will rapidly rebound to pre-virus levels. Analysts say some would-be visitors are fearful of a second wave of COVID-19 cases appearing across Asia.<\/p>\n
Macau hasn’t had a new confirmed case of the respiratory illness in weeks, and of its case count of 45, there haven’t been any fatalities.<\/p>\n
Other potential problems facing Macau’s recovery efforts are China’s sluggish economy \u2013 the world’s second-largest \u2013 and heightened geopolitical tensions between Beijing and Hong Kong. China recently signaled a possible end to the \u201ctwo systems, one country\u201d policy that allowed Hong Kong to enjoy autonomy for more than two decades.<\/p>\n","protected":false},"excerpt":{"rendered":"
May was another brutal month for Macau, as gross gaming revenue (GGR) in the world’s largest casino center plunged 93.2 percent. Strict travel controls continue to hamper the Special Administrative Region’s (SAR) recovery efforts. Earlier today, the Gaming Inspection & Coordination Bureau (DICJ) said the SAR’s six concessionaires posted combined May turnover of $221 million. […]<\/p>\n","protected":false},"author":46,"featured_media":137320,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,62],"tags":[],"acf":[],"yoast_head":"\n
Macau Suffered Through a Rough May as GGR Slid 93 Percent<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n