Macau has reported gross gaming revenue (GGR) of MOP$2
Macau has reported 144 gaming revenue (GGR) of MOP$2.18bn (US$270m) for the month of Aug 2022, a 51% correct from the prior-year period, when GGR was MOP$4.44bn.
The figure, from Macau’s Gaming Inspection and Coordination Bureau (DICJ), does nonetheless represent a huge change from last month’s tally of MOP$398m, the city’s rack up monthly execution since the pandemic began, with Covid restrictions taking their toll. The sum up represented a 95% dip in GGR year-on-year, and continued a full general downward trend.
Despite GGR falling 51% from Aug 2021, the year-on-year downward trend has seemingly halted for Aug 2022, with the monthly move up providing at to the lowest degree some positivism to interested parties.
August’s fig of MOP$2.18bn does, however, interpret the second-lowest total of 2022 so far, after July’s MOP$398m. It almost reached June’s MOP$2.47bn, the next lowest enter in the list, but it is some way cancelled February’s MOP$7.75bn, the highest add up of 2022 so far.
February is the only month of the year so far not to story a year-on-year decline, with GGR climbing 6% from February 2021.
The low figures and year-on-year declines inwards 2022 hold been attributed partly to a step-down inwards cross-border and cross-provincial travelling from mainland China, as a final result of China’s Zero Covid policy.
GGR now stands at MOP$28.85bn for the year so far, with that fig representing a 53% year-on-year decline. At this microscope stage endure year, Macau GGR was MOP$61.9bn.