Macau GGR up 29% in July

Macau GGR benefited from the easing of restrictions with Guangdong.
Macau GGR benefited from the easing of restrictions with Guangdong.

Macau has reported gross gambling revenue of MOP8.44bn (US$1.05bn) for July, up 29 per cent when compared with the previous month.

Macau.- Macau’s Gross Gaming Revenue (GGR) grew 29 per cent after a weak June. At MOP8.44bn (US$1.05bn), the figure was also up 528 per cent when compared to July 2020.

Aggregate casino GGR for the first seven months of the year totals MOP57.4bn, up 64 per cent year-on-year.

July’s figures came after authorities ended restrictions for those coming from Guangdong as Covid-19 cases declined.

Despite an overall improvement, Macau’s GGR declined during the third week of July as a new wave of Covid-19 cases in neighbouring provinces may have affected the arrival of visitors to Macau. Macau has recently imposed a 14-day quarantine on visitors from four Chinese provinces.

May remains the month with the highest GGR of the year to date, mainly thanks to the Labour Day break, when Macau’s Public Security Police reported that 165,500 tourists came to Macau.

Occupancy rate at Macau hotels was up 23.2 per cent in H1

The Statistics and Census Service (DSEC) has reported that 3,378,000 tourists checked into Macau hotels and guesthouses in the first six months of the year. The average hotel occupancy rate reached 50.4 per cent.

The Macao Government Tourism Office (MGTO) director Maria Helena de Senna Fernandes has said she believes Macau may see an average nightly hotel occupancy rate of between 70 per cent to 80 per cent during the summer holiday months of July and August.

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