{"id":5824,"date":"2024-06-04T13:43:04","date_gmt":"2024-06-04T12:43:04","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=5824"},"modified":"2024-06-07T11:32:05","modified_gmt":"2024-06-07T10:32:05","slug":"macaus-gross-gaming-revenue-sets-record-in-may","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/06\/04\/macaus-gross-gaming-revenue-sets-record-in-may\/","title":{"rendered":"Macau’s Gross Gaming Revenue Sets Record in May"},"content":{"rendered":"\n

In May Macau’s gaming industry’s gross gaming revenue (GGR) reached its highest level since the pandemic.<\/p>\n\n\n\n

Macau’s<\/strong> total GGR<\/strong> for the past month was $2.52 billion, up 29 percent year-on-year. It was also 9 percent better than April’s. This growth was driven by the lifting of the last restrictions imposed due to the coronavirus pandemic.<\/p>\n\n\n\n

This also marks the region’s resilient gaming sector, which continues to exceed expectations in terms of turnover – in March, it also showed a 53.1 percent increase year-on-year to $2.4 billion. Also, since March, not only tourism in general but also the gaming sector in particular has seen strong growth.<\/p>\n\n\n\n

Earlier, Macau Tourism Authority Director Maria Helena de Senna Fernandes<\/strong> predicted tourism in the region would grow to 33 million people.<\/p>\n\n\n\n

Recall that MGM China<\/strong> stated that the company no longer requires additional financing and a credit line with the controlling shareholder MGM Resorts<\/strong>. Moreover, after the approval of the Credit Agreement, it turned out that it remained untouched.<\/p>\n\n\n\n

Don\u2019t forget to subscribe to our Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

In May Macau’s gaming industry’s gross gaming revenue (GGR) reached its highest level since the pandemic. Macau’s total GGR for the past month was $2.52 billion, up 29 percent year-on-year. It was also 9 percent better than April’s. This growth was driven by the lifting of the last restrictions imposed due to the coronavirus pandemic. […]<\/p>\n","protected":false},"author":7,"featured_media":5825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[4,8,1],"tags":[1439,2757,8458,8457,870],"class_list":["post-5824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betting","category-casino","category-news","tag-ggr","tag-macau","tag-maria-helena-de-senna-fernandes","tag-mgm-china","tag-mgm-resorts"],"yoast_head":"\nMacau's Gross Gaming Revenue Sets Record in May - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2024\/06\/04\/macaus-gross-gaming-revenue-sets-record-in-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macau's Gross Gaming Revenue Sets Record in May - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"In May Macau’s gaming industry’s gross gaming revenue (GGR) reached its highest level since the pandemic. 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