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Macau GGR down 97% in June

Ben Blaschke by Ben Blaschke
Wed 1 Jul 2020 at 13:09
IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along
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Macau’s gross gaming revenue declined by 97.0% year-on-year to just MOP$716 million in June, its lowest total to date and the third straight month in which revenue has fallen by more than 90 percentage points.

The figures, published by the Gaming Inspection and Coordination Bureau on Wednesday, come after Guangdong Province introduced mandatory 14-day quarantine for all arrivals from Macau in late March, driving visitation to record lows.

The restrictions have since been eased for some Macau residents but not for mainland Chinese visitors wanting to enter Macau, despite ongoing talks between Macau, Guangdong Province and Hong Kong over a potential “travel bubble.” Hong Kong this week extended its mandatory 14-day quarantine measures for arrivals from Macau or mainland China until 7 August.

Macau’s DICJ previously reported a 96.8% decline in GGR in April to MOP$754 million and a 93.2% fall in May to MOP$1.76 billion.

For the first five months of 2020, Macau’s GGR is down 77.4% year-on-year to MOP$33.72 billion compared with MOP$149.50 billion over the same period in 2019.

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Tags: covid-19GGRgross gaming revenueJuneMacau
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Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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