Macau’s gross gambling revenue jumped 29 per cent in July from the prior month as travel restrictions with neighbouring Guangdong were eased.
According to figures from the Gaming Inspection and Coordination Bureau, the total for the month was MOP8.44bn ($1.05bn), up from MOP6.53bn the prior month. The figure was 528 per cent higher than July 2020. Cumulatively for the year, GGR now stands at MOP57.4bin, almost 64 per cent higher than in 2020.
June was the weakest month this year for Macau’s gaming revenue as restrictions were reimposed following Covid clusters in Guangdong, the city’s biggest source market. Visitation during that month was down 39 per cent compared with May, which had also been boosted by the five-day Golden Week holiday.
Source: Asia Gaming Brief