May GGR figures support expectations that the gaming industry in Macau is firmly on its way to recovery.
Gaming in Macau continued to recover in May but is still far below the pre-pandemic levels according to the monthly report by the Gaming Inspection and Coordination Bureau (DICJ).
2023 Upward Industry Trend Continues
The agency overseeing the gaming market in the Special Administrative Region (SAR) of China revealed that in May gambling operators registered gross gaming revenue (GGR) of MOP$ 15.57 billion ($1.92 billion), an increase of 366% compared to MOP$ 3.34 billion ($413 million) in May 2022.
The May GGR is 5.73% up to MOP$ 14.72 billion ($1.82 billion) registered by the market in April, confirming the market upward trend from February but the rate of sequential monthly increase continued to decrease.
Gaming in Macau continued to recover in May but is still far below the pre-pandemic levels according to the monthly report by the Gaming Inspection and Coordination Bureau (DICJ).
2023 Upward Industry Trend Continues
The agency overseeing the gaming market in the Special Administrative Region (SAR) of China revealed that in May gambling operators registered gross gaming revenue (GGR) of MOP$ 15.57 billion ($1.92 billion), an increase of 366% compared to MOP$ 3.34 billion ($413 million) in May 2022.
The May GGR is 5.73% up to MOP$ 14.72 billion ($1.82 billion) registered by the market in April, confirming the market upward trend from February but the rate of sequential monthly increase continued to decrease.