Macau GGR drops 96.8 percent in April

Macau’s overall GGR plummeted 96.8 percent in April on a year-on-year basis as a result of the continuing impact of Covid-19 countermeasures, according to the DICJ.

The total for April came to only MOP754 million (US$98 million) compared to MOP23.6 billion in 2019.

Moreover, with one third of the year 2020 passed, cumulative GGR in the territory is down a fearsome 68.7 percent overall.

Bernstein Research predicts that the May figures will be somewhat improved with a 90-95 percent fall in GGR, but that significant recovery will take hold in June as travel restrictions begin to loosen and patrons return to the casinos.

SHARE