Macau has reported gross gambling revenue of MOP$8.3bn (US$1.04bn) for March, up 58 per cent year-on-year.<\/p>\n\n\n\n\n\n\n\n
Macau.- Gross gambling revenue <\/strong>showed a marked improvement in March, up 58 per cent <\/strong>year-on-year and up 13.6 from February<\/strong>.<\/p>\n\n\n\n GGR for March came in at MOP$8.3bn (US$1.04bn), up from MOP$7.31bn (US$914.5m) in February.<\/p>\n\n\n\n The Gaming Inspection and Coordination Bureau<\/strong>‘s figures show that Macau’s GGR for the first three months of 2021 <\/strong>combined stood at MOP$23.64bn (US$2.95bn), down 22.5 per cent year-on-year<\/strong>.<\/p>\n\n\n\n Investment bank JP Morgan <\/strong>said the sequential recovery was due to a relaxation of local restrictions <\/strong>and improving travel sentiment.<\/p>\n\n\n\n However, brokerage Sanford C. Bernstein Ltd<\/strong> said aggregate GGR in March was “lower than expected <\/strong>partly due to continued weak hold in the month.”<\/p>\n\n\n\n The Macao Government Tourism Office<\/strong> said that an average of\u00a027,120 visitors per day arrived in Macau\u00a0between March 20 and March 26<\/a><\/em>, an increase of\u00a0109.5 per cent from the Golden Week holiday period\u00a0<\/strong>in February.<\/p>\n\n\n\n Macau authorities have eased some Covid-19 countermeasures in recent weeks.<\/strong><\/p>\n\n\n\n Health authorities<\/strong> have announced that arrivals from Hong Kong will now have to undergo a quarantine of 14 days<\/em><\/a> instead of 21 days.<\/p>\n\n\n\n A negative Covid-19 test result is no longer needed<\/strong> to enter Macau\u2019s casinos.<\/p>\n\n\n\n Macau\u2019s casino regulator<\/strong> also announced that casinos may now\u00a0allow players to stand at gaming tables<\/em><\/a>, with the condition that such standing players stay at least 1 metre (3.3 feet) apart.<\/p>\n\n\n\nMacau eases Covid-19 measures<\/h2>\n\n\n\n