The latest figures from Macau’s Gaming Inspection and Coordination Bureau have revealed that gaming revenue for the month of January hit its highest monthly peak since 2020.
According to the bureau, gaming revenues for the first month of the year hit MOP11.58 billion (€1.32 billion). This was year-on-year increase of 82.5%. However, the bureau does note that this figure does include a bump in revenue thanks to the Lunar New Year holidays which feel in January of this year.
Macau Gaming Revenue for January Up by 82.5% Year-on-YearAt the height of the Lunar New Year celebration, Macau’s tourism industry saw a peak of more than 90,000 visitors per day, with all rooms in the major hotels fully occupied during that time.
Macau Gaming Revenue for January Up by 82.5% Year-on-Year Macau Gaming Revenue for January Up by 82.5% Year-on-YearMacau’s six gaming concession holders also marked their first month with new gaming licenses that took effect on January 1st. They have high expectations that gaming revenue will offset their multi-billion-dollar obligations under the newly established 10-year contracts.