Casino revenue rises 2.6% in January, best month since Feb 2020

Macao’s gross gaming revenue rose 2.6 per cent month-on-month to MOP 8.02 billion (US$1 billion) in January, the casino sector’s highest monthly revenue since February 2020, according to data released by the Gaming Inspection and Coordination Bureau (DICJ) today.

While January 2020 still recorded gross gaming revenue of MOP 22.1 billion, it plummeted to just MOP 3.1 billion in the following month, when Macao started to be hard hit by the impact of the novel coronavirus epidemic on the local economy.

June recorded last year’s lowest revenue when it stood at just MOP 716 million.

Year-on-year, last month’s gross gaming revenue dropped by 63.7 per cent.

Macao’s casinos have suffered year-on-year declines every month since October 2019.

In 2020, gross gaming revenue decreased by 79.3 per cent to MOP 60.4 billion.

At the end of last year, 37 of Macao’s 41 casinos run by six rival operators were in operation.

Macao’s first Covid-19 case was confirmed on 22 January last year. Macao has confirmed 47 novel coronavirus cases since last January, none of them fatal.

(The Macau Post Daily/Macao News)