Macau Casino Revenue Jumps Again in April on China Tourism Boom
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The recovery in Macau’s casino sector gained traction in April, with gaming revenue climbing 449.9% to hit a three-year high as Chinese tourists continue to flock to the gambling hub.
Gross gaming revenue reached 14.7 billion patacas ($1.8 billion), according to data released by the Gaming Inspection and Coordination Bureau on Monday. The result was better than the median analyst estimate of a 393% year-on-year increase, and is the highest monthly taking since January 2020. It was still more than a third below the 2019 level.