• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

March casino GGR worst since Sept 2020: Macau data

Apr 01, 2022 Newsdesk Latest News, Macau, Top of the deck  


March casino GGR worst since Sept 2020: Macau data

Macau’s casino gross gaming revenue (GGR) was down 52.7 percent month-on-month in March, according to data released on Friday by the local regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ.

March GGR was MOP3.67 billion (US$454.5 million), versus the nearly MOP7.76 billion achieved in February. The March 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.

Measured year-on-year, March GGR fell by 55.8 percent on March 2021’s nearly MOP8.31 billion.

Mainland China Covid-19 cases “and the tightened border policy remains to be the main dragger of poor GGR,’ said analyst Vitaly Umansky, of brokerage Sanford C. Bernstein Ltd, in a Friday note.

He added: “Many Chinese provinces are still imposing lockdowns and travel restrictions to control Covid outbreaks, and since March 18, travellers crossing the Zhuhai land border must present Covid test certificate [issued] within 24 hours: and not likely to relax soon as Zhuhai is still reporting local cases.”

The March 2022 GGR result takes calendar-year Macau GGR to MOP17.77 billion, down 24.8 percent on the MOP23.64 billion achieved in the first three months of 2021.

(Updated 4.10pm, April 1)


  • tweet
Related articles
  • Macau GGR at US$1.5bln in first 24 days of Sept: JP Morgan
    Macau GGR at US$1.5bln in first 24 days...

    Sep 26, 2023  

  • Macau govt sets junket cap per casino operator for 2024
    Macau govt sets junket cap per casino...

    Sep 25, 2023  

More news
  • Galaxy Ent to build ice rink, bookshop at Macau old shipyards
    Galaxy Ent to build ice rink, bookshop...

    Sep 28, 2023  

  • Osaka, MGM-Orix sign implementation deal for IR
    Osaka, MGM-Orix sign implementation...

    Sep 28, 2023  


Latest News

Galaxy Ent to build ice rink, bookshop at Macau old shipyards

Galaxy Ent to build ice rink, bookshop at Macau old shipyards

Sep 28, 2023  

Macau casino operator Galaxy Entertainment Group Ltd is to help the government “revitalise” the Lai Chi Vun Shipyards in Coloane. The revamp project will be done in two phases,...
Read More
Osaka, MGM-Orix sign implementation deal for IR

Osaka, MGM-Orix sign implementation deal for IR

Sep 28, 2023  

Pragmatic Play casts the line with Big Bass Crash title

Pragmatic Play casts the line with Big Bass Crash title

Sep 28, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$1.0 billion

Minimum amount Hong Kong-listed International Entertainment will invest to develop an integrated resort in the Philippines capital, Manila



Most Popular

  • Resorts World Sentosa fined again for AML rule breachesResorts World Sentosa fined again for AML rule breaches September 27, 2023
  • International Ent to invest at least US$1bln in Manila IRInternational Ent to invest at least US$1bln in Manila IR September 28, 2023
  • Events a boon, Citi ups Macau 4Q GGR forecast to US$6.5blnEvents a boon, Citi ups Macau 4Q GGR forecast to US$6.5bln September 27, 2023
  • Any Macau clamp on money changing may hurt GGR: punditsAny Macau clamp on money changing may hurt GGR: pundits September 25, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us