Macau Sets Post-Pandemic Record as Gambling Revenues Increase by 9.6% in July

Revenues up by over 4,000% year-on-year

Macau Sets Post-Pandemic Record as Gambling Revenues Increase by 9.6% in July - Tuesday, August 1st, 2023 9:41

The latest revenue report from Macau’s Gaming Inspection and Coordination Bureau (DICJ) has revealed that gaming revenues reached a post-pandemic high of MOP$16.66 billion (€1.87 billion / $2.06 billion) during the month of July.

Macau Sets Post-Pandemic Record as Gambling Revenues Increase by 9.6% in July Macau Sets Post-Pandemic Record as Gambling Revenues Increase by 9.6% in July, July’s revenue total fell well short of the MOP$24.45 billion (€2.7 billion / $3.03 billion) reported in July of 2019.

The report also shows that the first seven months of 2023 saw Macau’s gaming operators report combined gross gaming revenue (GGR) of MOP$96.80 billion (€10.9 billion / $12.0 billion). This is an increase of 263% year-on-year, but just 56% of the MOP$173.96 billion (€19.7 billion / $21.6 billion) reported across the same period in 2019 before the pandemic.

New hotels under construction

Macau Sets Post-Pandemic Record as Gambling Revenues Increase by 9.6% in July

Of the nine hotels under construction, seven are located on the Macau peninsula while the remaining two are on the Cotai reclamation area, including the Cotai Strip.

Natasha Lyndon

Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.