Macau February GGR down by 87.8 per cent

Home » Macau February GGR down by 87.8 per cent

The Gaming Inspection and Coordination Bureau reported over the weekend that Macau’s total GGR for February came in at MOP3.1b (US$372m), a year-on-year decline of 87.8 per cent.



As bad as it was, this still exceeded the 90 per cent decline to MOP2.1bn forecast by Bernstein Research. These revenues were hit, of course, by the 15-day closure of all 41 casinos, as well as the sluggish restart of business, caused by countermeasures against the Covid-19 infection.

Separately, the Statistics and Census Service reported that Macau’s GDP declined 8.1 per cent year-on-year for the fourth quarter of 2019 and by 4.7 percent for the full year of 2019.

Source: Asia Gaming Brief

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