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Macau GGR climbs 22.3% month-on-month to MOP$7.76 billion in February

Ben Blaschke by Ben Blaschke
Tue 1 Mar 2022 at 12:52
Law firm says alternative options available to limiting dividends under proposed Macau gaming law amendments
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Macau’s gross gaming revenue reached MOP$7.76 billion (US$964 million) in February, representing a 6.1% increase over the same month last year and 22.3% higher than January.

However it was still 69.4% lower than in February 2019, when Macau recorded GGR of MOP$25.37 billion (US$3.15 billion).

The improved result follows a strong start to the month over the Spring Festival holiday period, with most operators noting healthy visitation through the week. Information from the Public Security Police force also showed that Macau welcomed 37,229 visitor arrivals last Saturday – its highest single day visitor tally since early January.

However, COVID-19 continues to keep both visitation and GGR well down on 2019 levels with Macau still closed to Hong Kong – currently experiencing its first major outbreak of the pandemic – and maintaining tight border control measures with mainland China.

For the first two months of 2022 combined, Macau’s GGR is MOP$14.10 billion (US$1.75 billion), down 8.0% year-on-year.

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Tags: casinoscovid-19FebruaryGolden Weekgross gaming revenueMacauSpring Festival
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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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