Typhoon-stricken Macau notches surprising September casino GGR

Typhoon Hato may have inundated several integrated resorts in Macau but it isn’t enough to dampen the special administrative region’s casino gross gaming revenue (GGR) in September.

Data from the Gaming Inspection and Coordination Bureau (DICJ) showed that Macau casino GGR grew by 16.1 percent last month, once again beating analysts’ consensus of +14% (range of +11% to +17%) growth.

That growth translates to MOP21.36 billion (US$2.65 billion) for Macau, which saw a traditional pre-October holiday slowdown, as well as the lingering impact of August’s weather events. It also marked marked the 14th consecutive month of year-on-year GGR growth in the market.

Total casino GGR for the third quarter of 2017 jumped 21.8 percent year-on-year to MOP67 billion, compared to the prior-year quarter.