Macau March GGR reaches $2.42B, marking new post-COVID high
Apr 1, 2024 6:31:36 GMT -5
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Post by Blitz on Apr 1, 2024 6:31:36 GMT -5
Macau March GGR reaches $2.42B, marking a new post-COVID high
April 1, 2024
agbrief.com/news/macau/01/04/2024/macau-march-ggr-reaches-2-42b-marking-a-new-post-covid-high/
Macau’s gross gaming revenue (GGR) amounted to MOP19.50 billion ($2.42 billion) in March, reaching a new 49-month high.
The results reflect a 5.5 percent increase from February‘s MOP18.5 billion ($2.29 billion) and a 0.01 percent increase from the last post-COVID October high of MOP19.5 billion ($2.41 billion).
According to data released by the local regulator, the Gaming Inspection and Coordination Bureau (DICJ), the March tally marked a 53.1 percent increase from the previous year.
The result also represents a 24.5 percent decrease from the MOP25.8 billion ($3.21 billion) reported in March 2019, before the pandemic.
For the first quarter of 2024, Macau’s casino GGR reached MOP57.33 billion ($7.12 billion), up 65.5 percent from last year, but still 24.7 percent lower than the first quarter of 2019, which was MOP76.15 billion ($9.46 billion).
The Easter holidays (March 29th – April 1st) fall in March. According to official statistical data, the number of visitors arriving in Macau reached 330,000 for the first three days, with visitor arrivals peaking on the second day at 122,000 visitors.
As Easter is not a public holiday in Mainland China but is in Hong Kong and Macau, Macau has recorded some crowds on the HKZM Bridge due to the increase in tourist traffic volume coming from Hong Kong.
April 1, 2024
agbrief.com/news/macau/01/04/2024/macau-march-ggr-reaches-2-42b-marking-a-new-post-covid-high/
Macau’s gross gaming revenue (GGR) amounted to MOP19.50 billion ($2.42 billion) in March, reaching a new 49-month high.
The results reflect a 5.5 percent increase from February‘s MOP18.5 billion ($2.29 billion) and a 0.01 percent increase from the last post-COVID October high of MOP19.5 billion ($2.41 billion).
According to data released by the local regulator, the Gaming Inspection and Coordination Bureau (DICJ), the March tally marked a 53.1 percent increase from the previous year.
The result also represents a 24.5 percent decrease from the MOP25.8 billion ($3.21 billion) reported in March 2019, before the pandemic.
For the first quarter of 2024, Macau’s casino GGR reached MOP57.33 billion ($7.12 billion), up 65.5 percent from last year, but still 24.7 percent lower than the first quarter of 2019, which was MOP76.15 billion ($9.46 billion).
The Easter holidays (March 29th – April 1st) fall in March. According to official statistical data, the number of visitors arriving in Macau reached 330,000 for the first three days, with visitor arrivals peaking on the second day at 122,000 visitors.
As Easter is not a public holiday in Mainland China but is in Hong Kong and Macau, Macau has recorded some crowds on the HKZM Bridge due to the increase in tourist traffic volume coming from Hong Kong.
