Macau GGR declines 8.9% in February

Revenues declined to MOP$7.31bn (US$914.5m), compared to MOP8.02bn (US$1.0bn) in January.

Macau.- Macau casinos saw gross gaming revenues of MOP$7.31bn (US$914.5m) in February, down 8.9 per cent compared to January.

The figure was also down 71.2 per cent against February 2019, which saw GGR of MOP$25.37bn (US$3.14bn), but 135.6 per cent higher than February 2020, when all casinos in Macau were closed for 15 days due to the Covid-19 pandemic.

Macau saw its best monthly GGR in 12 months during January, when gaming revenues came in at MOP8bn (US$1bn), surpassing the months of Golden Week and the Christmas holiday periods.

However, visitor numbers for Chinese New Year were down by 76 per cent year-on-year after the Chinese government recommended against travel.

For the first two months of 2021 combined, Macau’s GGR stands at MOP$15.34bn (US$1.92bn), down 39.2 per cent year-on-year.