Macau GGR up 1.01% in April

Macau has reported gross gambling revenue of MOP$8.4bn (US$1.05bn) for April, up 1.01 per cent when compared with the previous month.

Macau.- Gross gambling revenue continues to improve, climbing 1.01 per cent month-on-month to MOP$8.4bn (US$1.05bn). GGR for March had been MOP$8.3bn (US$1.04bn).

The Gaming Inspection and Coordination Bureau‘s figures show that Macau’s GGR for the first four months of 2021 combined stands at MOP$32bn, up 2.6 per cent year-on-year from MOP$31.24bn in the first fourth months of 2020.

Even though the numbers are encouraging, Macau GGR is still far from pre-pandemic levels, remaining down 64 per cent compared to 2019.

According to the Macao Government Tourism Office (MGTO), a total of 760,000 tourists arrived in Macau in April, with 34,353 on April 16, the highest daily number since the Covid-19 pandemic began until this week’s Labour Day break.

According to Ambrose So Shu Fai, vice-chairman of Macau casino operator SJM Holdings Ltd, Macau GGR could continue to grow in May thanks to the Labour Day break which started on May 1 and will last until May 5. 

Hong Kong has recently announced it will allow non-residents from Guangdong province and Macau to enter Hong Kong without undergoing quarantine.

However, Macau authorities have said a travel bubble with Hong Kong will not be possible until the latter registers no local infections for 14 consecutive days.

According to local media, Hong Kong reported two cases of Covid-19 on Sunday and 129 cases in the last fourteen days.