Macau records gross gaming revenue of US$5.3 billion in 2022, down 51.4% year-on-year

Macau records gross gaming revenue of US$5.3 billion in 2022, down 51.4% year-on-year

Article brief provided by Inside Asian Gaming
  • Ben Blaschke, Inside Asian Gaming
January 1, 2023 11:54 AM
  • Ben Blaschke, Inside Asian Gaming

Macau recorded gross gaming revenue of MOP$42.2 billion (US$5.3 billion) in 2022, down 51.4% on 2021 and the lowest single year total since 2004.

Story continues below

The 2022 total, announced by the Gaming Inspection and Coordination Bureau on Sunday, included GGR of MOP$3.48 billion (US$435 million) in December, down 56.3% on December 2021 but higher than November’s GGR total of MOP$3.0 billion (US$373 million).

Macau’s final 2022 GGR result comes as the SAR faces the effects of its long-awaited reopening to the world, with a sudden easing of border restrictions countered by a rapid rise in COVID-19 cases across the city.

As reported by Inside Asian Gaming, Macau’s integrated resorts have recently reported as much as 50% of their workforce being unavailable, severely impacting operations.