Macau’s gross gaming revenue (GGR) reached MOP15.6 billion ($1.93 billion) in May, up 5.7 percent from MOP14.72 billion ($1.83 billion) in April.

The May result was the highest monthly GGR figure since January 2020, showing Macau’s gaming industry is maintaining its positive momentum following the removal of most border restrictions on January 8th.

Macau, GGR, Gross Gaming revenue, May 2023

The May tally was up 366 percent from the prior-year period, according to data released on Thursday by the local regulator, the Gaming Inspection and Coordination Bureau (DICJ).

Macau’s casino GGR stood at MOP65 billion ($8.06 billion) for the five months to May 31st, an increase of 173 percent from a year earlier. The tally for the first four months of 2023 already beat the aggregate GGR for last year. In 2022, Macau’s casino GGR fell by 51.4 percent year-on-year, to MOP42.20 billion.

Macau GGR, MAY-2023
Macau GGR 2019-2023 QoQ

Macau’s GGR scenario has changed drastically since January 8th of this year, after the government canceled most of its travel restrictions, dropping all testing requirements for inbound visitors from mainland China, Hong Kong and Taiwan, and later for other countries.

Ferry and bus services between Macau and Hong Kong also resumed in January for the first time in almost three years.

At the same time, Macau received over 7.2 million visitors in the first four months of the year. This figure was much higher than the visitor arrivals through the entirety of 2022. Macau only recorded 5.7 million visitors last year, the lowest number of visitor arrivals in 20 years.

Viviana Chan
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.