Macau records gross gaming revenue of US$5.3 billion in 2022, down 51.4% year-on-year and lowest since 2004

Macau GGR down 62% year-on-year to MOP$2.48 billion in June

Macau records gross gaming revenue of US$5.3 billion in 2022, down 51.4% year-on-year and lowest since 2004

01/01/2023

Macau recorded gross gaming revenue of MOP$42.2 billion (US$5.3 billion) in 2022, down 51.4% on 2021 and the lowest single ...

Ever wondered how much Macau GGR is generated by Macau locals? Here’s the answer

by Andrew W Scott

14/12/2022

The complete closure of Macau’s borders to the mainland on several occasions during the pandemic has been an unmitigated disaster ...

Macau tax break scheme will require casinos to create exclusive gaming zones for foreigners

by Pierce Chan

10/12/2022

Macau’s Executive Council announced Friday that concessionaires will be asked to establish exclusive gaming zones for non-Chinese visitors, including specially ...

Less than one month remaining to MGS Summit 2022

Morgan Stanley: Macau post-COVID earnings to be stronger than pre-COVID

by Ben Blaschke

06/12/2022

The post-COVID earnings of Macau’s gaming operators will be stronger than they were in 2019, buoyed by strong luxury spending ...

JP Morgan: New-look Macau could see 50% increase in mass gaming table capacity, aiding full market recovery by 2024

by Ben Blaschke

05/12/2022

Macau’s industry EBITDA will return to 95% of pre-COVID levels by 2024, aided by the expansion of the high-margin mass ...

Tag: gross gaming revenue