Macau’s gross revenue from games of chance fell 93.2 percent year-on-year to 1.76 billion patacas last month, the Gaming Inspection and Coordination Bureau (DICJ) announced yesterday.
It was the second steepest year-on-year decline this year, after April’s 96.8 percent plunge.
However, gross gaming revenue was up 134 percent month-on-month. April’s revenue amounted to a mere 754 million patacas, the lowest of any month this year.
Casinos’ revenue in the first five months dropped 73.7 percent to 33.0 billion patacas.
At the end of March (the latest available DICJ data), Macau had 41 casinos owned by the city’s six rival operators. Four of the casinos had their operations suspended.
At the end of the first quarter, the gaming industry had 5,533 gaming tables in operation, a decline of 17.9 percent quarter-on-quarter. The number of slot machines in operation decreased 57.5 percent quarter-on-quarter to 7,216.
Macau’s economy, which is heavily dependent on gaming, tourism and retail businesses, has been severely affected by the impact of the novel coronavirus pandemic.
