Macau’s visitor numbers have been rapidly racing back to pre-pandemic levels in the two years since borders reopened, but according to financial research group CreditSights it will likely prove difficult for average GGR per visitor to do the same.
In a note preceding this weekend’s release of Macau gaming revenue results for the month of February, analysts Nicholas Chen and David Bussey pointed out that GGR per visitor is constrained by the minimal presence of junket-sourced VIPs in the market following the collapse of the junket industry in late 2022.
