Macau's gross gaming revenue (GGR) fell by 70.9 percent year-on-year to 6.75 billion patacas (US$843 million) in November, the Gaming Inspection and Coordination Bureau (DICJ) announced today.
November has recorded the lowest monthly year-on-year GGR decline since January. November registered the third highest monthly GGR in the first 11 months of the year, after January (22.12 billion patacas) and October (7.27 billion patacas).
Macau's gaming industry has been severely affected by the economic impact of the COVID-19 pandemic. Macau's first novel coronavirus case was confirmed on January 22.
Month-on-month, the sector's GGR dropped by 7.18 percent last month. The mainland's week-long National Day holiday in the first week of October has resulted in that month's highest monthly GGR - 7.27 billion patacas - since January. June recorded the lowest monthly GGR - 716 million patacas - in the first 11 months of the year. In June, GGR was down by 97.0 percent year-on-year, the steepest decline of any month this year.
In the first 11 months of the year, GGR dropped by 80.5 percent to 52.6 billion patacas.
Only 46 COVID-19 cases have been reported in Macau, 44 of which have been classified by the local Health Bureau as imported and two as "connected to imported cases". All COVID-19 patients have been cured and discharged from hospital. No new cases have been reported for 158 days.
Apart from a few dozen special cases, foreign nationals without the right of abode in Macau have been barred from entry since March.
