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Gaming

Macau casino revenue hits new post-Covid record of USD2.4 B in March

Wednesday 03 de April 2024 / 12:00

2 minutos de lectura

(Macau).- Macau’s gross gaming revenue reached a new post-Covid record of MOP19.5 billion (USD2.4 billion) slightly higher than the previous National Day month (October 2023) high.

Macau casino revenue hits new post-Covid record of USD2.4 B in March

According to the Gaming Inspection and Coordination Bureau, the March result of MOP19.503 billion is up 53.1 per cent year-on-year, bringing the year-to-date total to MOP57.3 billion, up 65.5 per cent compared to the previous year.

The March GGR is even slightly higher than last October’s record of MOP19.501 billion, with the result also seemingly beating a J.P. Morgan estimate.  The findings could point to mass-market casino revenue running at about 110 per cent of pre-Covid levels – up from 104 per cent observed in the last quarter of 2023.

According to the latest government budget for 2024, Macau authorities have predicted that the casino industry could generate as much as MOP216 billion in casino revenue that year.

Categoría:Gaming

Tags: Sin tags

País: Macao

Región: Asia

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

AI: The new ace in the hole for the games of chance industry

(Cartagena, Exclusive SoloAzar).- One of the conferences held within the recent GAT EXPO, brings to the table a topic that is on everyone's lips: Artificial Intelligence (AI). This year, the panel entitled “Artificial Intelligence in the Entertainment Industry” was held with the presence of prominent experts from Latin America.

Tuesday 30 Apr 2024 / 12:00

Why to invest in Paraguay?

(Cartagena de Indias, Exclusive SoloAzar) - During the conferences organised at the GAT EXPO 2024 fair, Dr. Carlos Augusto Liseras Osorio, president of the National Gaming Commission, (CONAJZAR, in its original) asked this tacit question, to highlight the advantages and benefits of investing in the Republic of Paraguay, and also notifying the audience about the upcoming tenders for 7 land-based casinos in that country.

Monday 29 Apr 2024 / 12:00

Novomatic's innovative offerings and market insights: a recap of our presence at GAT Expo 2024

(Cartagena de Indias, SoloAzar Exclusive).- Manuel Del Sol - CEO at NOVOMATIC Gaming Colombia, gave an overview during the interview with SoloAzar, focusing on the innovative products presented at the event, the good reception from visitors, insights on the Colombian iGaming market, the latest technological trends incorporated into the platform, and the firm's approach to regulatory adaptation in the Latam market.

Friday 26 Apr 2024 / 12:00

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