Revenue at Macau casinos falls 87.8% in February

2 March 2020

The gross revenue of games of chance and gambling in Macau’s casinos fell 87.8% in February, to 3.104 billion patacas (US$388 million), which compares with 25.370 billion patacas in February 2019, said the region’s Gaming Inspection and Coordination Bureau (GICB).

The drop in February, which follows another recorded in January, when gross revenue fell 11.3% to 22.126 billion patacas, is due to a huge drop in the number of visitors entering Macau following the outbreak of COVID-19 in Wuhan, Hubei province.

The gross revenue recorded in the first two months of the year registered a drop of 49.9% to 25.229 billion patacas (US$3.153 billion), against 50.312 billion patacas (US$6.289 billion) in the same period of 2019.

At the end of 2019 Macau had 41 casinos, 22 of which managed by Sociedade de Jogos de Macau, six by Galaxy Casino, five by Venetian Macau, two by Wynn Resorts (Macau, four by Melco Crown (Macau) and two by MGM Grand Paradise, with 6,739 gaming tables and 17,009 slot machines. (macauhub)