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.
Apr 10, 2024
Apr 01, 2024
Apr 24, 2024
Apr 24, 2024
Apr 24, 2024
Gaming technology and content provider FBM has launched an online gaming platform in the Philippines, called FBM E-Motion. “FBM E-Motion promises to change the way local players interact with FBM...(Click here for more)
”[Las Vegas Sands] conservatively would like to reduce absolute debt levels at Sands China given debt raised during the pandemic”
Colin Mansfield and Connor Parks
Analysts at CBRE Capital Advisors