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Macau May gross gaming revenue is $2.52 billion, up 29.7 percent year over year

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2024-06-03

Macau May gross gaming revenue is $2.52 billion, up 29.7 percent year over year

Macau’s gross gaming revenue in May was MOP$20.2 billion (US$2.52 billion), a 29.7 percent increase on May 2023, and an 8.9% sequential increase from last month. This represents the highest monthly GGR since the COVID-19 pandemic started in February 2020.

The May GGR represents an average daily gaming revenue of MOP$651 million (US$81.4 million). However, gaming revenue remained 22.3% below the pre-pandemic May 2019 figure of MOP$26.0 billion (US$3.2 billion).

Macau’s gross gaming revenue for May was in line with expectations, with Seaport Research Partners earlier raising its estimate for Macau’s May gross gaming revenue (GGR) to MOP$20 billion, mainly due to a stronger-than-expected start to the Golden Week holiday in May.

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