Casino gross gaming revenue (GGR) in Macau rose 6.8 percent year-on-year in February to MOP19.74 billion (US$2.46 billion), according to data released on Saturday by the city’s Gaming Inspection and Coordination Bureau.
The February result – a month where the first four days were the tail end of the latest Chinese New Year holiday – was up 8.2 percent compared to January’s MOP18.25 billion.
The lunar-calendar based Chinese New Year holiday in mainland China – Macau’s most significant source of visitors – ran from January 28 to February 4 this year.
The latest monthly data took the aggregate GGR so far this year to nearly MOP38.00 billion, up 0.5 percent on the same period in 2024.
February’s GGR was 77.8 percent of February 2019’s MOP25.37 billion, in the trading year prior to the Covid-19 pandemic. In 2019, Chinese New Year ran from February 4 to February 10, as designated by China’s State Council.
A February 25 note from CreditSights Inc said further “upside” this year in Macau tourism arrivals from the Chinese mainland might “largely come” from mainland provinces “with lower GDP [gross domestic product] per capita” than the city’s core Chinese feeder markets, and so limit post-pandemic recovery in GGR.
