Macau’s gross gaming revenue (GGR) totalled MOP18.20bn (US$2.28bn) in December, reflecting a 1.3 per cent decrease from November‘s MOP18.44bn ($2.31bn).
The December figure was also the third-lowest of 2024, which may be related to Chinese president Xi Jinping’s three-day visit, which disrupted border activities and affected gaming performance.
According to data from the local regulator, the Gaming Inspection and Coordination Bureau (DICJ), the December figure also showed a two per cent decrease compared to the same month last year.
For the entire year of 2024, Macau’s casino GGR reached MOP226.78bn ($28.39bn), marking a 23.9 per cent increase compared to the previous year, however, still behind the 2019 marks that reached MOP292.45bn ($36.7bn).
The year 2024 marks the second year of Macau’s recovery from Covid-19, following the removal of all travel restrictions in early 2023. This has allowed the city to emerge from the shadow of the pandemic and the regulations that effectively shuttered it for three years. According to preliminary data, Macau’s visitor arrivals are approaching 35 million, surpassing the earlier projection of 33 million.
Source: Asia Gaming Brief
