Macaus leading junket operators have seen no increase in volume since border restrictions between Macau and Guangdong Province, according to industry analysts, with tightening controls on outbound capital flow from China and liquidity concerns heavily impacting the VIP sector.
Authorities reinstated the Individual Visit Scheme (IVS) for residents of Zhuhai to visit Macau on 12 August, with the rest of Guangdong set to follow this Wednesday, however as of Sunday there had been little impact with daily visitation rising only slightly to 7,700 people on Sunday compared with an average 5,600 per day in early August.
Brokerage Bernstein said in a Monday note that August GGR to date is still tracking at a 95% year-on-year decline and is eve…
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