Macau: Feb gaming revenue at USD 1.27B, with accumulated figure over half of 2022 total
Wednesday 01 de March 2023 / 12:00
2 minutos de lectura
(Macau).- Macau made gross gaming revenue of about MOP10.32 billion (US$1.27 billion) last month, up 33.1 per cent compared to the same period a year earlier, the latest data from the city’s gaming watchdog says.
However, it only accounted for 40.7 per cent of the 2019 level of MOP25.37 billion. The February result also came short of a Morgan Stanley estimate of MOP11.2 billion earlier.
The city so far raked in some MOP21.9 billion since the beginning of the year, up 55.3 per cent. The accumulated result is already more than half of the total the city reached last year.
For full-year 2022, Macau’s casino revenue plunged by 51.4 per cent to MOP42.19 billion compared to 2021, a record low since 2004.
In a note from investment bank JP Morgan, analysts DS Kim and Mufan Shi said that the latest result implied a daily run-rate of MOP369 million, a figure in line with the January rate of MOP374 per day even without the Lunar New Year holiday.
“This should, in our view negate the bears’ argument that the strong January beat was just an ‘one week wonder’ from the LNY boost,” said the two analysts. “ It help the market gain confidence in the sustainability of the recovery.”
In spite of the demise of the VIP junket sector, the investment bank believes that the February gaming revenue, which was said to be comfortably above the MOP10 billion consensus, suggests a 65 per cent recovery for the mass market, and a 15 percent one for the VIP segment – compared to Singapore, Las Vegas, and South Korea where local mass demand stands at 20 to 30 per cent above pre-Covid levels.
By Aries Un
Categoría:Gaming
Tags: Sin tags
País: Macao
Región: Asia
Event
ICE Barcelona 2026
19 de January 2026
Merkur Group Shines in Barcelona with Triple ICE Triumph
(Espelkamp/Barcelona).- Merkur Group secures three prestigious international accolades for operational excellence, social commitment, and standout exhibition experience.
Friday 06 Feb 2026 / 12:00
Eduardo Aching: "ICE 2026 was an exceptional event for Konami and its casino partners"
(Barcelona, SoloAzar Exclusive).- Eduardo Aching, Vice President of iGaming & International Gaming Operations at Konami Gaming, reflects on the company’s standout participation at ICE 2026, the strong reception to Solstice 49C and Konami Online Interactive, and the strategic push toward emerging regulated markets and expanded global partnerships.
Friday 06 Feb 2026 / 12:00
Belatra Games Strengthens LatAm Expansion and Innovation Strategy After ICE Barcelona 2026
(Barcelona, SoloAzar Exclusive).- Kateryna Goi, Chief Marketing Officer at Belatra Games, shares her assessment of the company’s participation in ICE Barcelona 2026, the quality of industry engagement at the event, and the strategic priorities shaping Belatra’s growth in 2026, with a strong focus on Latin America and narrative-driven innovation.
Friday 06 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.