Extra staff and a far-reaching reorganisation demonstrate that the government will be monitoring the gaming industry far more closely in future.
DICJ
Seeing a year-on-year growth of 492.2 per cent, Macao’s casinos recorded gross gaming revenue of MOP 10.4 billion in May.
SJM Holdings subsidiary Champion Moments Limited successfully issued senior notes in the Macao bond market in the amounts of HK$1.25 billion and MOP 300 million.
Macao’s gross gaming revenue rose to MOP 8.02 billion (US$1 billion) in January.
The decline reflects the sharp fall in the fortunes of the city’s casinos.
Macao casinos’ gross gaming revenue rose 228.8% from MOP 2.21 billion in September to MOP 7.27 billion (US$910.9 million) last month.
Macao’s gross gaming revenue (GGR) fell 94.5 per cent year-on-year to MOP 1.33 billion (US$167 million) in August, the Gaming Inspection and Coordination Bureau (DICJ) announced today.
Galaxy Entertainment Group (GEG) Chairman Lui Che Woo said today that “the Macao government continues to perform admirably throughout the [Covid-19] pandemic”.
Macau’s gross gaming revenue fell 94.5% year-on-year to MOP 1.344 billion (US$168 million) in July.