Dec 01, 2021 Newsdesk Latest News, Macau, Top of the deck  
Macau casino gross gaming revenue (GGR) rose 54.6 percent sequentially in November, to MOP6.75 billion (US$844 million), compared to MOP4.37 billion in October.
In early October, a Covid-19 alert in Macau resulted in a sharp dip in tourism to the city. In November, daily visitor numbers had improved. Investment analysts have noted previously – in pre-pandemic times – that there was not necessarily a positive correlation between daily volume of visitors and daily volume of Macau casino GGR.
Judged year-on-year, Macau’s November GGR was flat on the MOP6.75 billion achieved in November last year, according to data issued on Wednesday by the city’s casino regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ.
Currently, mainland China is the only place to have a largely quarantine-free travel arrangement with Macau.
Aggregate casino GGR in the first 11 months of 2021 stood at MOP78.90 billion, an increase of 49.9 percent on the MOP52.62 billion achieved in the prior-year period.
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A number of hotel properties at Macau casino resorts has already sold all or most of the rooms that are available on the open market, for most nights of the upcoming autumn Golden Week holiday...(Click here for more)
”This year, so far, we will be starting [revamp] work at Grand Hyatt; then, we are looking at Countdown, and afterwards we will look at Altira and others”
Lawrence Ho
Chairman and chief executive of Melco Resorts