Macau records April GGR of US$335M, worst in 19 months due to COVID outbreaks, lockdowns in China

Macau records April GGR of US$335M, worst in 19 months due to COVID outbreaks, lockdowns in China

Article brief provided by Inside Asian Gaming
  • Andrew W Scott, Inside Asian Gaming
May 1, 2022 4:12 PM
  • Andrew W Scott, Inside Asian Gaming

Macau recorded gross gaming revenue of MOP$2.68 billion (US$335 million) in April, down 68.1% year-on-year and 27.1% lower than March – itself a record low for 18 months – according to information from the Gaming Inspection and Coordination Bureau.

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The April figure was Macau’s worst since September 2020, when GGR was MOP$2.21 billion (US$274 million), and was 88.6% lower than April 2019 GGR of MOP$23.58 billion (US$4.71 billion).

GGR continues to be negatively impacted this year by COVID-19 outbreaks across much of mainland China, including Guangzhou and Shanghai – the latter of which continues to suffer rigid COVID lockdowns, which began in late March.

The result comes despite Macau’s Novel Coronavirus Response and Coordination Center relaxing the validation period of mandatory COVID-19 virus test results from 24 to 48 hours on 20 April, and then again to 72 hours on 24 April.