GGR at Macau Casinos Was up 44% Year-on-Year for 2021

GGR at Macau Casinos Was up 44% Year-on-Year for 2021

Macau's casinos generated gross gaming revenue of MOP$86.86bn (US$10.8bn) in 2021. This is a 44% increase on the previous year. The total was 70% lower in 2020 due to the COVID-19 pandemic. Macau’s casinos finished off 2021 with GGR of $7.96bn in December.

There are still COVID-19 restrictions in place in Macau. New rules are going into effect on January 6 for people coming from high-risk countries. There are 22 countries on this list, including the Philippines, India, and Cambodia.

GGR at Macau Casinos Was up 44% Year-on-Year for 2021. This is set to be a big year for Maca's casinos as their concessions are expiring in June. There are some indications that the six licensees will get new operating permits before the June expiration date. Stricter regulatory conditions will see more scrutiny on capital that is going to Macao casinos from mainland China. The region will also have to deal with casinos canceling their deals with junket operators.

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- #Macau GGR up 6% in second week of September Macau’s gross #gambling revenue (GGR) was MOP92m ($11.37m) last week.

 - #Macau GGR up 6% in second week of September

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- #Macau GGR could be up 70% in September, analysts say As ever that depends on there being no major Covid-19 outbreaks in China.

 - #Macau GGR could be up 70% in September, analysts say

As ever that depends on there being no major Covid-19 outbreaks in China.