The government has now raked in a fifth of the total it hopes to raise from casino operations during this year.
casinos
Visitors to the territory over the long weekend don’t appear to have read the memo on Macao’s economic diversification.
Highest gross gaming revenue recorded since May this year while accumulated GGR is down by 53% year-on-year.
Financial incentives offered for attracting overseas gamblers, junkets face tougher regulations; total of six concessions on offer – bidding process yet to be launched.
All six concessionaires united in praise for the government and optimism for the future of Macao’s economic mainstay.
Last month’s growth indicated a recovery from last year’s casino takings. However, April’s revenues were still much lower than those in April 2019.
Despite the city’s success in battling the epidemic, the danger of new cases still lurks, so businesses and residents must double down on precautions.
From midnight tonight onwards, a negative Covid-19 test result will no longer be needed to enter Macao’s casinos.
The Macao government lifts its casino entry ban on all those who have been in Hubei province within the past 14 days.
