• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 29 January 2023
    • 中文
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Macau GGR falls to MOP$3.0 billion in November, down 55.6% year-on-year

Ben Blaschke by Ben Blaschke
Thu 1 Dec 2022 at 12:49
Macau government said to have reached consensus with bidders for combined US$12.5 billion investment during new 10-year concession period
28
SHARES
705
VIEWS
Print Friendly, PDF & Email

Macau’s casino industry generated gross gaming revenues of MOP$3.0 (US$374 million) in November – down 55.6% year-on-year and 23.1% lower than October, according to information from the Gaming Inspection and Coordination Bureau (DICJ).

The modest November result comes despite China’s National Immigration Administration resuming electronic applications, or eVisas, for travel from the mainland to Macau under the Individual Visit Scheme at the start of the month.

Analysts noted recently that the resumption of eVisas was providing little positive impact in the short-term due to the current pandemic situation across mainland China which is severely restricting travel.

According to the DICJ’s figures, the November GGR result was 23.1% lower than October, when GGR was MOP$3.90 billion (US$481.6 million) but 86.9% lower than November 2019 when Macau recorded GGR of MOP22.88 billion (US$2.85 billion).

For the first 11 months of 2022 combined, Macau’s GGR was MOP$38.7 billion (US$4.83 billion), down 50.9% on the same period in 2021.

RelatedPosts

Number of Macau gaming workers rises through December 2022

Number of Macau gaming workers rises through December 2022

Sun 29 Jan 2023 at 12:35
G2E Asia to forge ahead with July dates for 2020 trade show

G2E Asia to return in 2023 with two shows in Singapore and Macau

Fri 27 Jan 2023 at 15:25
London calling

Sands China expecting positive return on multi-billion dollar Macau non-gaming commitment

Fri 27 Jan 2023 at 07:23
IAG names The Parisian Macao as venue for 2020 Asian Gaming Power 50 Gala Dinner

Analysts upgrade Las Vegas Sands on positive Macau, Singapore performance

Fri 27 Jan 2023 at 06:44
Load More
Tags: casinoDICJGaming Inspection and Coordination BureauGGRgross gaming revenueMacauNovember
Share11Share2
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.

Current Issue

Editorial: Want to attract foreigners? Make Macau the poker capital of Asia

Editorial: Want to attract foreigners? Make Macau the poker capital of Asia

by Ben Blaschke
Wed 4 Jan 2023 at 11:39

In what has become a point of widespread debate, the Macau SAR Government has called on its gaming concessionaires to...

Singapore swing

Singapore swing

by Ben Blaschke
Wed 4 Jan 2023 at 11:32

Having previously established itself as the gold standard in the operation and regulation of integrated resorts in Asia following the...

Flying high

Flying high

by Ben Blaschke
Wed 4 Jan 2023 at 11:25

Having endured a hectic three years at Marina Bay Sands which saw him promoted to Chief Operating Officer while dealing...

Coming together

Coming together

by Newsdesk
Wed 4 Jan 2023 at 11:21

On 1 August 2022, Singapore officially inaugurated a new gambling regulator, the Gambling Regulatory Authority (GRA), replacing the former Casino...

Softswiss
Evolution Asia
Aristocrat
Solaire
Solaire
Beter
Beter
IGT

Related Posts

Number of Macau gaming workers rises through December 2022

Number of Macau gaming workers rises through December 2022

by Pierce Chan
Sun 29 Jan 2023 at 12:35

The number of people employed in Gaming & Junket Activities in Macau rose to 67,600 the three months to 31 December 2022, up 1,200 from the 66,400 employees in the September to November period but down 8,900 compared to the...

G2E Asia to forge ahead with July dates for 2020 trade show

G2E Asia to return in 2023 with two shows in Singapore and Macau

by Ben Blaschke
Fri 27 Jan 2023 at 15:25

Industry trade show G2E Asia will return not once but twice in 2023, with “G2E Asia Special Edition: Singapore” to take place at Marina Bay Sands from 30 May to 1 June followed by the “Asian IR Expo + G2E...

London calling

Sands China expecting positive return on multi-billion dollar Macau non-gaming commitment

by Ben Blaschke
Fri 27 Jan 2023 at 07:23

Sands China executives said Thursday they are confident that the company’s capital commitment of up to US$4.5 billion into Macau over the next 10 years, most of which will be for non-gaming attractions, can generate positive returns. The commitment, which guarantees...

IAG names The Parisian Macao as venue for 2020 Asian Gaming Power 50 Gala Dinner

Analysts upgrade Las Vegas Sands on positive Macau, Singapore performance

by Ben Blaschke
Fri 27 Jan 2023 at 06:44

Analysts have upgraded their estimates for Las Vegas Sands (LVS) after the company reported strong recovery indicators during this week’s 4Q22 results release and earnings call. The improved sentiment was largely driven by the reopening of Macau’s borders on 8...

IAG

© 2005-2023
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Consulting
  • Magazines
  • Advertise
  • Contact
  • About

© 2005-2023
Inside Asian Gaming.
All rights reserved.