The six casino operators in Macau won 226.8 million patacas, or roughly US$28.3 billion, from gamblers in 2024. That marked a nearly 24% year-over-year surge on 2023 gross gaming revenue (GGR). Macau casinos won $28.3 billion from gamblers in 2024. The year continued Macau’s gaming recovery from the COVID-19 pandemic. (Image: Reuters) Macau’s six casino concessionaires — Sands, Galaxy, SJM, MGM, Melco, and Wynn — experienced a second year of gaming recovery after Chinese President Xi Jinping lifted his controversial “zero-COVID” program in late 2022. The 2024 GGR tally was approximately $5.7 billion richer than what the six firms won in 2023. The year was capped off with December casino revenue at roughly MOP18.2 billion (US$2.27 billion). That represented a 2% year-over-year decline and was 1.3% lower than November. December was the only month in 2024 where year-over-year GGR was lower than in the same month in 2023. December was the third-weakest GGR month of the year despite Xi visiting… Read More
Category: Asia Pacific Gaming, China, COVID-19, gaming revenue, GGR, Macau
Source: Casino.org
