Gaming in Macau continued to recover in May but is still far below the pre-pandemic levels according to the monthly report by the Gaming Inspection and Coordination Bureau (DICJ).
2023 Upward Industry Trend Continues
The agency overseeing the gaming market in the Special Administrative Region (SAR) of China revealed that in May gambling operators registered gross gaming revenue (GGR) of MOP$ 15.57 billion ($1.92 billion), an increase of 366% compared to MOP$ 3.34 billion ($413 million) in May 2022.
The May GGR is 5.73% up to MOP$ 14.72 billion ($1.82 billion) registered by the market in April, confirming the market upward trend from February but the rate of sequential monthly increase continued to decrease.
GGR for the first five months of 2023 amounted to MOP$ 64.93 billion ($8.02 billion), which compared to the amount registered in the same five-month period in the year prior (MOP$ 23.79 billion ($2.94 billion)) represents an increase of 173%.
GGR in May 2023 i…