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Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

Macau gaming scholar expects similar GGR in 2022 to last year, visitor numbers to rise

April 28, 2022 Macau Earnings & FilingsIndustry Updates

Macau’s gaming revenue will be similar in 2022 to that of 2021, while a daily average of 20,000 visitors would be restored in May, according to former legislator and Director of the Institute for the Study of Commercial Gaming at the University of Macau, Davis Fong Ka Chio.

Fong was speaking with Inside Asian Gaming at Grand Lisboa Palace on Wednesday where the Macau Social Welfare Bureau, the Gaming Inspection and Coordination Bureau (DICJ) and the Gaming Research Institute of the University of Macau held a launch ceremony for the Responsible Gaming Information Station.

He noted that in 2019, before the COVID-19 pandemic, there were around 110,000 tourists per day and average daily gambling revenue was MOP$800 million (US$100 million). In the first quarter of this year, the average daily number of tourists was 20,000 and daily gambling revenue was around MOP$200 million (US$25 million). He believes that the number of tourists in Macau is gradually returning to that Q1 level after plummeting in March due to COVID outbreaks in neighboring Guangdong Province.

Source: https://www.asgam.com/index.php/2022/04/28/macau-gaming-scholar-expects-similar-ggr-in-2022-to-last-year-visitor-numbers-to-rise/
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