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HomeUncategorizedMacau August GGR down 47% month-on-month

Macau August GGR down 47% month-on-month

Macau reported Gross Gambling revenue (GGR) MOP$4.44bn (US$550m) for August 2021, a 234% year-over-year increase.

The figure, released by the Macau Gaming Inspection and Coordination Bureau, is still a 47% decline from July 2021. In addition, the GGR figure is the lowest of the entire year, and the lowest since September 2020, when revenue to MOP has just arrived. $2.21bn.

This occurred largely because of the Covid-19 tumult in parts of mainland China, which resulted in limited travel and temporary restrictions.

A total of 17 Covid positive accidents were detected in China’s provinces in late July-19, while Macau also reported negative casualties, the first in the region for over a year. Such situations have led to restrictions to tighten the limits and the validity period of all negative tests for newcomers reduced from seven days to 48 hours. Most restrictions have since been carried out.

The total Macau GGR for the first eight months of 2021 now stands at MOP$61.91bn, which is a 70% increase from the first eight months of 2020.

After showing year-on-year declines from January to March, GGR showed positive year-over-year changes, with 70% year-on-year. the change increases so far this year.



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