Gross revenues of Macau’s casinos falls by almost 80.0% in March 2020

1 April 2020

Gross revenues at Macau’s casinos fell 79.7% on year in March 2020 to 5.257 billion patacas (US$657 million), a figure that compares with revenues of 25.840 billion patacas (US$3.23 billion) a year before, said the Gaming Inspection and Coordination Bureau.

The percentage variation seen in March is, however, lower than recorded in February, when the gross revenue of Macau’s casinos fell 87.8% to 3.104 billion patacas (US$388 million).

Casinos in Macau were closed for a period of 15 days from midnight on 4 February last, and reopened on 20 February, albeit in a limited way and respecting all the guidelines of the Macau Health Services in order to prevent the possible spread of Covid-19.

From January to March the casinos saw gross revenues of 30.486 billion patacas (US$3.810 billion), a drop of 60.0% compared with 76.152 billion patacas in the same period of 2019.

At the end of 2019 Macau had 41 casinos, two of which had been provisionally suspended, 22 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)