Jul 01, 2022 Newsdesk Latest News, Macau, Top of the deck  
Macau casino gross gaming revenue (GGR) fell to its lowest monthly tally this year in June – and the lowest since September 2020.
June GGR was MOP2.48 billion (US$310 million), down 25.9 percent sequentially on May’s MOP3.34 billion, and down 62.1 percent year-on-year on June 2021’s MOP6.54 billion. The data were released on Friday, by Macau’s casino regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ.
The result coincided with the start – announced on June 19 – of the worst Covid-19 outbreak in Macau since the advent of the pandemic crisis in early 2020.
The June GGR tally was the lowest since September 2020, near the start of the Covid-19 pandemic alert. That month, the tally had been MOP2.21 billion.
The latest monthly result took the aggregate of second-quarter GGR to MOP8.50 billion, a sequential decline of 52.2 percent on the MOP17.77-billion tally in the first quarter.
Judged year-on-year, second-quarter 2022 GGR showed a 66.5-percent contraction on the MOP25.38-billion achieved the second quarter of 2021.
The June 2022 result took the combined casino GGR for the calendar year to June 30, to MOP26.27 billion, a decline of 46.4 percent year-on-year.
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”Once Solaire North is fully ramped up, and both properties are generating a certain expectation that we have on cash flow… then we will probably launch the Paniman [casino] project”
Enrique Razon
Chairman and chief executive of Bloomberry Resorts