Macau’s 30 casinos produced gross gaming revenue (GGR) of 19.75 billion patacas in August, a year-on-year growth of 14.8 percent, the Gaming Inspection and Coordination Bureau (DICJ) announced yesterday.
Last month’s GGR of 19.75 billion patacas was also the second highest post-COVID-19 one, lower than the post-pandemic record of 20.18 billion patacas in May this year.
Last month’s GGR was up by 6.2 percent month on month.
GGR in May this year was Macau’s highest since January 2020, when the special administrative region recorded its first COVID-19 case. In January 2020, GGR amounted to 22.12 billion patacas. The pandemic severely affected Macau’s economy, its gaming, tourism and retail sectors in particular, for three consecutive years.
GGR in the first eight months rose 33.4 percent year on year to 152.1 billion patacas.
Macau’s government-concessioned gaming industry is run by six rival integrated resort (IR) operators – Sands, Galaxy, SJM, Melco, Wynn, and MGM. Under their concession agreements with the government, the IR operators are required to strengthen their non-gaming attractions and support Macau’s cultural heritage promotion projects.
