Macau records highest GGR in April; highest number of visitors on Golden Week

Macao gaming gross revenue for April was MOP147.2 billion, or about $1.83 billion. It also grew 15.6% from MOP127.4 billion in March.

Best monthly performance in a long time:

The GGR marked the first monthly performance since January 2020, before pandemic warnings began.

“The April tally was 449.9% higher than the previous year,” data released on Monday by the local regulator, the Game Inspection Coordination Bureau.

In addition, Macau casino GGR totaled 49.36 billion MOPs in the four months to April 30, up 141.4% year-over-year.

The calculations for the first four months of 2023 have already exceeded last year’s total GGR. However, for 2022, Macau casino GGR fell 51.4% year-over-year to MOP 42.2 billion.

In addition, the last two days of April are included in Labor Day, which is celebrated on May 1. In this regard, the Chinese State Council decided that the entire holiday period is from April 29 to May 3.

Credit Suisse AG suggested in a recent note that “Macao has an average daily casino GGR ratio of 750 million during the first three days of the holiday season, which is sometimes referred to as the May Golden Week by the investment community.”

Highest number of visitors since COVID-19:

Macau had the highest daily number of visitors this Sunday, with 133,911 arriving on the second day of China’s “May Day” golden holiday.

According to information released by public security police, “the total number of people in and out of Macau on Sunday was 570,000, of which more than 290,000 arrived and 133,911 were tourists. There were more than 283,000 exits and tourists accounted for about 120,000.”

Looking at the total number of visitors, 145,000 passed through Bordergate, 44,000 passed through the Hong Kong-Zhuhai-Macao Bridge, and 42,000 passed through the Qingmao Port.

Macau’s public security police also said in this regard, “Saturday through Monday will be the peak immigration season, and the average number of people entering and leaving the country may exceed 500,000 per day.”

Following the lifting of Macau’s anti-epidemic policy on January 8, this week’s holiday is Macau’s second “Golden Week” since the pandemic. Looking at the total number of arrivals last year, the number of Macau visitors per day on Sunday was almost the same as last year’s five-day Golden Week, when an average of 137,000 people visited per day.

Nevertheless, the four-day Golden Week of 2019 before the pandemic is nothing compared to the 636,000 people who visited Macau and the average of 159,000 visitors a day.

BY: 메이저 토토사이트

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