<div id="readability-page-1"><div> <p>Haitong International said in a research report that Macau's GGR reached MOP19.894 billion in April this year, up 5.5% YoY, recovering to 84.3% of the level in the same period of 2019. During the period, average daily GGR was MOP663 million, down 9.1% from MOP729 million in March. Both YoY and MoM growth moderated in April, reflecting seasonal softening. In the first four months of this year, total industry revenue increased 12.1% YoY, recovering to 86% of the level in the same period of 2019. Although hotel room rates in Macau declined during the May Day Golden Week, occupancy rates improved. The broker expects total industry revenue in May to achieve 8% growth, recovering to 88.2% of the 2019 level. (hc/da)</p><p>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</p><p>AASTOCKS Financial News</p> </div></div>

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<p>Haitong International forecasts an 8% year-on-year increase in Macau's GGR for May, following a 5.5% rise to MOP19.894 billion in April. The average daily GGR in April was MOP663 million, down 9.1% from March, indicating seasonal softening. Year-to-date, total industry revenue is up 12.1% YoY, reaching 86% of 2019 levels. Despite a decline in hotel room rates during the May Day Golden Week, occupancy rates improved. The expected growth in May would bring total industry revenue to 88.2% of the 2019 level.</p>

Haitong International Expects Macau May GGR to Rise 8% YoY