Macau has reported Gross Gaming Revenue (GGR) of MOP3

Macau has reported Gross Gaming Revenue (GGR) of MOP3.34bn ($414m), a 68% go down from the prior-year period.

Released past the Macau Gaming Inspection and Coordination Bureau (DICJ), May’s fig is, however, a 25% increment from April 2022, when GGR amounted to MOP2.67bn.

April’s figure is the lowest of the twelvemonth so far, with May the second-lowest. Macau GGR reached its highest rase so far this yr inwards February, with MOP7.75bn. Jan and March reported totals of MOP6.34bn and MOP3.67bn respectively.

May’s year-on-year slump of 68% meantime is essentially equate to the lowest year-on-year wane inwards 2022 so far, with April’s figure representing a 68.1% decline. Mar also saw a substantial declination of 55.8%, with January GGR declining 20.9%.

February 2022 is the only if month that has reported a positive degree year-on-year change, with GGR climbing 6.1%.

The in vogue(p) figure from DICJ now means that GGR for 2022 so far stands at MOP23.79bn, which is a 44% slump from this represent of 2021, when GGR totalled MOP42.48bn.

It’s the biggest diminution in terms of cumulative revenue so far in 2022, taking over April’s year-on-year declination of 36.2%, and March’s 24.8%. In Jan and February, the declines were 20.9% and 8% respectively.

As reported past GGRAsia, May’s fig comes amid weak go sentiment inwards mainland China, in particular for cross-provincial and cross-border trips, along with tighter butt against controls. Mainland Cathay is currently the only neighborhood to have got a mostly quarantine-free travel organisation with Macau.