Macau recorded gross gaming revenue of MOP$3.67 billion (US$459 million) in March, down 55.8% year-on-year and 53.7% lower than February according to information from the Gaming Inspection and Coordination Bureau.
The March figure was Macau’s worst since September 2020, when GGR was MOP$2.21 billion (US$274 million), and was 85.8% lower than March 2019 GGR of MOP$25.84 billion (US$3.20 billion).
GGR was negatively impacted by COVID-19 outbreaks across much of mainland China, including both Zhuhai and Shenzhen – the latter of which was locked down for a week mid-month.
Macau’s Novel Coronavirus Response and Coordination Center also shortened the validation period of mandatory COVID-19 virus test results for those entering from Zhuhai from 48 hours to 24 hours.
For the first three months of 2022 combined, GGR was down by 24.8% year-on-year to MOP$17.77 billion (US$2.19 billion). The DICJ previously reported GGR of MOP$86.86 billion (US$10.76 billion) for FY21, a 43.7% increase over 2020.