SÁB 4 DE MAYO DE 2024 - 03:25hs.
According to official figures

Gaming revenue in Macau falls 79.3% in 2020 due to the pandemic

Macau casinos ended 2020 with revenues of 60.4 billion patacas (6.2 billion euros), a fall of 79.3% compared to the previous year. In December, the six gaming concessionaires raised 7.8 billion patacas (805 million euros), when in the same period last year they had recorded revenues of 22.8 billion patacas (2.3 billion euros), according to data released today by the Gaming Inspection and Coordination Department (DICJ).

In March, Chinese authorities suspended issuing visas to Macau, and it was not until 23 September that it resumed.

In 2019, Macau casino revenues were 292.4 billion patacas (about 30 billion euros), or 3.4% less than in 2018 (31 billion euros).

According to the Macao Government Tourism Office (MGTO) on Christmas day, December 25, visitor arrivals in the city hit 27,755, the second-highest daily record over the last ten months in the wake of the pandemic.

World capital of gambling, Macau is the only place in China where casino gambling is legal. Six concessionaires operate in the territory: Macau Gaming Society, founded by tycoon Stanley Ho, Galaxy, Wynn, MGM, Venetian, and Melco.

The Macau government has estimated that 2021 will report some 130 billion patacas (13.3 billion euros) in final gaming revenues.

Macau was one of the first territories to be affected by the pandemic, having registered 46 cases. Currently, the city has no active case.


Source: GMB