Casinos in Macau generated a total of MOP20.19bn (£1.97bn/€2.31bn/$2.51bn) in revenue during May, marking the highest monthly total since the end of the Covid-19 pandemic. Despite this significant increase, the nearly $2.6 billion revenue was still 22 percent below the average monthly total produced in pre-pandemic 2019. This marks the largest revenue month for Macau's casino market in five years.
A change in the type of customers coming to Macau has seen smaller casino operators MGM China and Wynn Macau reap rewards, while larger rivals Sands China and Galaxy Entertainment rush to catch up https://t.co/v8qJEmwlXF
Field note: Macau's casino market had its largest gaming revenue month since the pandemic in May. However, the nearly $2.6B was still 22 percent below the average monthly total produced in pre-pandemic 2019. https://t.co/og9rQKzWWy @TheNVIndy https://t.co/plGQaaNPs7
Macau casinos see largest revenue month in five years, via @howardstutz https://t.co/do5oEvqy6M
Casinos in Macau generated a total of MOP20.19bn (£1.97bn/€2.31bn/$2.51bn) in revenue during May, the highest monthly total since the end of the Covid-19 pandemic https://t.co/8ca1NNFvjW https://t.co/X0aUONmM7K
Macau’s gaming revenue jumped almost 30% in May, to its highest level since Covid, as the “Golden Week” holiday and new travel permits for Chinese tourists fueled spending. https://t.co/Rxx9eh8W3f