Casino gross gaming revenue (GGR) in Macau rose 1.7 percent year-on-year in April, to MOP18.86 billion (US$2.36 billion), according to data released on Thursday by the city’s Gaming Inspection and Coordination Bureau.
The April result was down 4.1 percent compared to March’s nearly MOP19.66 billion, which had represented year-on-year growth of only 0.8 percent.
The latest monthly data took the aggregate GGR so far this year to MOP76.51 billion, up 0.8 percent on the same period in 2024.
CreditSights Inc said in an April 25 memo, that despite Macau’s GGR in the opening quarter being “behind pace” on the local government’s goal, there was “a path for total GGR to reach Macau’s 2025 target” of MOP240 billion.
That was via growth in Macau tourism arrivals offsetting recent softening in GGR. Macau’s tourism boss Maria Helena de Senna Fernandes said in recent comments that the city might receive as many as 140,000 visitors daily, during holidays surrounding Labour Day on May 1.
China’s State Council has designated this year’s Labour Day holidays on the mainland – Macau’s main feeder market – as May 1 to May 5 inclusive. Some commentators refer to the holiday period, as ‘May Golden Week’.
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