Macau Gaming Revenue Jumps to Three-Year High on Tourism Boom
Macau is now focusing on developing non-gaming activities and overseas market to attract more mass-market tourists.
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Macau’s casinos had their best month since the earliest days of the pandemic, with gaming revenue surging 247% in March after Chinese tourists flocked to the gambling hub as the end of Covid Zero sparks a travel boom.
Gross gaming revenue reached 12.7 billion patacas ($1.6 billion), according to data released by the Gaming Inspection and Coordination Bureau on Saturday. The result topped the median analyst estimate of a 205% year-on-year increase, and is the highest monthly takings since January 2020.