Macau August GGR down 47 month-on-month

Macau has reported gross gaming revenue (GGR) of MOP$4
Macau August GGR down 47  month-on-month

Macau has reported porcine gaming revenue (GGR) of MOP$4.44bn (US$550m) for Aug 2021, a 234% year-on-year increase.

The figure, released past the Macau Gaming Inspection and Coordination Bureau, is, however, a 47% slump from July 2021. Moreover, the enter is the lowest GGR of the total year, and the lowest since September 2020, when revenue reached just MOP$2.21bn.

This was mostly due to an outbreak of Covid-19 across parts of mainland Red China that resulted in limited move and the temporary tightening of edge restrictions.

A add up of 17 provinces inward China detected electropositive Covid-19 cases from later(a) July, spell Macau also reported disconfirming cases, the region’s first inward o'er a year. Such cases led to edge restrictions tightening and the validity stop of all negatively charged tests for arrivals rock-bottom from septenary years to 48 hours. The bulk of the restrictions feature since been lifted.

Macau’s number GGR for the first-class honours degree eighter months of 2021 now stands at MOP$61.91bn, which is a 70% step-up from the 1st octet months of 2020.

After showing year-on-year declines from January to March, GGR has shown positive year-on-year changes since, with August’s 70% step-up the highest commute so far this year.