Macau Casino GGR Increased 1.1% In April

In April, gross gaming revenue (GGR) at Macau casinos increased by 1.1 percent, to MOP8.40 billion (US$1.05 billion), up from just under MOP8.31 billion in March.

According to data released on Saturday by the city’s casino regulator, the Gaming Inspection and Coordination Bureau, also known as DICJ, April GGR was up 1,014.4 percent from a year ago. Countermeasures to avoid the spread of Covid-19 in Macau had a major effect on GGR in April 2020.

The total casino GGR for the four months ending April 30 this year was MOP32,04 billion, up 2.6 percent from MOP31.24 billion in the same timeframe last year.

The city’s casino sector had a solid first quarter last year, before the Covid-19 pandemic, with a strong showing in January.

The April 2021 casino GGR in Macau was the highest monthly figure since the Covid-19 pandemic began.

April’s daily GGR “steady”

According to a Monday note from brokerage Sanford C. Bernstein Ltd, Macau’s April daily GGR had been “steady” up to and including April 25, despite increased visitor number. In terms of gaming, the recovery of the Macau tourism sector has included a “low-value customer” group, according to the institution.

The average daily number of visitors arriving in Macau during the Labour Day Golden Week holiday season, which runs from Saturday (May 1) to Friday (May 5), is expected to rise by about 20 percent compared to a previous peak in April, surpassing the 40,000 mark. According to a forecast issued by Macau’s Public Security Police on Thursday, the force in charge of the city’s immigration posts.