Macau December GGR hits $2.3bn, FY23 at $22.68bn

Home » Macau December GGR hits $2.3bn, FY23 at $22.68bn

Macau’s gross gaming revenue amounted to MOP18.56bn ($2.3bn) in December, reflecting a 15.7 per cent increase from November’s MOP16.04bn ($1.98bn) and a 4.7 per cent decrease from October’s high of MOP19.5bn ($2.41bn).

According to data released by the local regulator, the Gaming Inspection and Coordination Bureau, the December tally marked a 433.3 per cent increase from the previous year.

For the whole of 2023, Macau’s casino GGR reached MOP183.05bn ($22.68bn), indicating a 333.8 per cent surge compared to the same period the previous year.

The year of 2023 marked a resurgence for Macau, stepping out of the shroud of the pandemic and the related regulations which effectively shuttered the city for three years.

It also marked the first year of the six concessionaires’ new gaming licences, with the operators adapting to the new environment which has shunned junkets, shifted to a mass market model and aims to attract more foreign punters.

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Source: Asia Gaming Brief

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