Macau GGR hits just MOP754 million (US$94.4million) as the impact of the Coronavirus crisis continues to be felt.
Macau.- The Gaming Inspection and Co-ordination Bureau (DICJ) reported a fall in gross gaming revenue of 96.8 per cent year-on-year in April 2020 to MOP754 million (US$94.4million).
The first four months of the year generated MOP31.2 billion in accumulated gaming results, a 68.7 per cent year-on-year decrease.
This was driven by the two-week closure of all casino venues in the city and the border restrictions that remain in place to contain the spread of Coronavirus.
This has seen visitor numbers reach record lows. In 1Q20, visitor arrivals decreased by 69 per cent year-on-year to 3.2 million. In March, visitor numbers were down 94 per cent year on year.
It is expected that the lifting of travel restrictions and the loosening of measures in the neighbouring province of Guandong could fuel a recovery in the following months.