Macau records GGR of MOP$3.90 billion in October, down 10.7% year-on-year

Macau records GGR of MOP$3.90 billion in October, down 10.7% year-on-year

Article brief provided by Inside Asian Gaming
  • Ben Blaschke, Inside Asian Gaming
November 1, 2022 2:56 PM
  • Ben Blaschke, Inside Asian Gaming

Macau’s Gaming Inspection and Coordination Bureau reported citywide gross gaming revenue of MOP$3.90 billion (US$481.6 million) in October, down 10.7% year-on-year.

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The October results was aided by the National Day Golden Week holiday, which saw an average of 26,040 visitor arrivals each day – exceeding most expectations. Investment bank JP Morgan estimated that mass market GGR returned to between 30% and 35% of 2019 levels during Golden Week.

According to the DICJ’s figures, the October result was 31.4% higher than September, when GGR was MOP$2.96 billion (US$365.5 million) but 85.3% lower than October 2019 when Macau recorded GGR of MOP$26.44 billion (US$3.27 billion).