Macau casino gaming revenue down 90% in September

Macao's hoped-for lift in casino revenue didn't materialize in November, as monthly gross gaming revenue (GGR) came in at 6.75 billion patacas, or $845 million, a 70.5% decline from last year and Macau casino gaming revenue grew by two-thirds in September from the previous month, but nonetheless posted its sixth straight month of at least 90% year-on-year declines. Macao Casino Revenue Plunges Another 90% in September It's the sixth straight month of 90% or greater declines in gambling revenue. Rich Duprey (TMFCop) Oct 1, 2020 at 3:18PM Author Bio. Rich has Macau casinos ended their worst year on record with little sign of progress in a recovery, though hopes remain for a rebound in the world’s largest gambling hub later in 2021. Macao casino gross gaming revenue down 70.5% in November While business is slowly improving for the 41 casinos operating in the special administrative area, revenue continues to be down Macau casino gambling revenue totals $914m in October 2020, the best showing since January but still 72.5% down from same month last year. Macau casino revenue down 79.3% in 2020. 4th January 2021, 2:35pm . By Robert Fletcher 1 minute read. Gross gambling revenue in Macau fell 79.3% year-on-year in 2020 as the Chinese Special Administrative Region was badly affected by enforced closures and travel restrictions resulting from the novel coronavirus (Covid-19) pandemic. GGR amounted to MOP60.44bn (£5.55bn/€6.15bn/$7.57bn) in the Macau Casino Revenue Down 95 Percent in May, Top Regulatory Official Departing Gaming Agency. Posted on: May 12, 2020, 12:19h. Last updated on: May 12, 2020, 01:43h. Macau, located on the southern coast of China and a one-hour ferry ride from Hong Kong, is the world’s largest legal casino destination by revenue, bigger than Las Vegas. The city is home to 41 HONG KONG -- Macao's casino revenue plunged 79% in 2020 as tough entry restrictions to combat COVID-19 kept visitors away, bringing into relief the strong dependence on gamblers from mainland

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