Macau GGR continues year-on-year improvement

Macau’s gross gaming revenue reached MOP14.9bn (US$1.85bn) in September, down 13.2 per cent from MOP17.2bn ($2.1bn) in August.

Despite the super typhoon that hit Macau at the beginning of the month, which also caused casinos to shut down for several hours, the September tally was up 404 per cent from the prior-year period, according to data released on Sunday by the local regulator, the Gaming Inspection and Coordination Bureau.

Macau’s casino GGR stood at MOP129bn ($15.9bn) for the nine months to September 30, an increase of 305 per cent from a year earlier.

In the city’s Chief Executive 2023 policy address last November, the Macau government estimated 2023 gross gaming revenue at MOP130bn ($16.25bn). As of September, Macau’s GGR has almost achieved the government’s goal.

Although Macau’s tourism recovery continues, the government has maintained its budget estimate.

Source: Asia Gaming Brief