The gambling hub of Macau has posted its revenue report for July 2023, showing that the region made MOP 16.66bn ($2.07bn) in gross gaming revenue (GGR).
The figure represents a 10% month-on-month rise against June 2023 and a whopping 4,086% increase on July 2023. Furthermore, for the year so far, Macau’s figures are 236% higher than 2022’s – totalling MOP 96.80.
The numbers not only represent a significant increase against last year but also chart the recovery of Macau as it finds itself freed from China’s zero-Covid policy.
The MOP 16.66bn figure is the highest reported since the pandemic began, though it is still down on July 2019, which totalled MOP 24.45bn – meaning Macau still has some way to go before a full recovery can be announced.
The figure represents a 10% month-on-month rise against June 2023 and a whopping 4,086% increase on July 2023. Furthermore, for the year so far, Macau’s figures are 236% higher than 2022’s – totalling MOP 96.80.
The numbers not only represent a significant increase against last year but also chart the recovery of Macau as it finds itself freed from China’s zero-Covid policy.
The MOP 16.66bn figure is the highest reported since the pandemic began, though it is still down on July 2019, which totalled MOP 24.45bn – meaning Macau still has some way to go before a full recovery can be announced.
