MAR 23 DE ABRIL DE 2024 - 04:13hs.
Similar figures to July

Macau GGR down 94.5% in August

Macau’s recovery from the novel coronavirus remains a slow one, as local authorities reported that the city’s gross gaming revenue (GGR) declined by 94.5% year-on-year to US$166 million in August, similar to GGR previously reported for July of US$167 million, itself a 94.5% year-on-year fall. Visitor numbers to Macau were down 99.0% in the second quarter of the year.

The figures, published by the Gaming Inspection and Coordination Bureau, make it five consecutive months of GGR declines comfortably exceeding 90%.

The governments of Macau and Guangdong have recently responded by reinstating the Individual Visit Scheme (IVS) for residents of Zhuhai from 12 August and the whole of Guangdong Province from 26 August, with the first of the Guangdong-wide visa applications due to be approved from today, 1 September.

IVS accounted for 46.8% of the 27.9 million mainland Chinese visitors to enter Macau in 2019.

For the first eight months of 2020, Macau’s GGR is down 81.6% year-on-year to US$4.55 billion compared with US$24.78 billion over the same period in 2019.

Visitor numbers to Macau were down 99.0% in the second quarter of the year.


Source: GMB / Inside Asian Gaming