Macau’s casino gross gaming revenue (GGR) for the full year 2022 fell by 51.4 percent year-on-year. The reduction in revenue in the popular casino destination last year was widely due to travel and other restrictions imposed by the authorities as a consequence of the constantly high number of Covid cases over the year.
The region abandoned the ‘zero-Covid’ policy in December and opened up for visitors from mainland China and abroad but the period was too short to significantly mitigate the low revenue levels seen over the entire year 2022.
The region abandoned the ‘zero-Covid’ policy in December and opened up for visitors from mainland China and abroad but the period was too short to significantly mitigate the low revenue levels seen over the entire year 2022.