Macau Gaming Revenue Beats Estimate on Lunar New Year Boom

Macau’s gaming revenue rose a stronger-than-expected 4.5% in February, as the world’s biggest gambling hub benefited from a Lunar New Year tourism boost.

Gross gaming revenue reached 20.62 billion patacas ($2.56 billion) for the month, according to data released by the Gaming Inspection and Coordination Bureau on Sunday. The result was better than the median analyst estimate of a 1% year-on-year increase, with revenue returning to 81.3% of the pre-pandemic level in 2019.