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Macau on road to recovery as March GGR hits MOP$8.31 billion, up 13.6% month-on-month

Ben Blaschke by Ben Blaschke
Thu 1 Apr 2021 at 12:53
Macau to apply “closed-loop” system to prevent COVID-19 outbreak with 115 residents to return from high-risk areas this week
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Macau’s recovery gained some long-awaited momentum in March with the Gaming Inspection and Coordination Bureau reporting gross gaming revenue of MOP$8.31 billion (US$1.04 billion) – the highest monthly total since the start of the COVID-19 pandemic last January.

The March GGR figure was 58.0% higher year-on-year but more importantly 13.6% higher than February – which saw GGR of MOP$7.31 billion (US$914.5 million) – driven by increasing visitation from mainland China as consumer confidence grows.

Macau last week recorded its highest single day visitor tally in over a year with 32,647 arrivals on Friday 26 March, and also its highest weekly visitor tally with 189,843 arrivals between Saturday 20 and Friday 26 March.

For the first three months of 2021 combined, Macau’s GGR stands at MOP$23.64 billion (US$2.95 billion), down 22.5% year-on-year.

Macau’s total GGR in 2020 was MOP$60.44 billion (US$7.56 billion), down 79.3% year-on-year.

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Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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