Macau September GGR hit US$2.2bln, lowest year-to-date
Oct 01, 2024
Newsdesk
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Macau’s September casino gross gaming revenue (GGR) declined 12.7 percent month-on-month, to MOP17.25 billion (US$2.15 billion), according to a Tuesday announcement from the local regulator, the Gaming Inspection and Coordination Bureau.
It was the lowest monthly GGR tally year-to-date, and the lowest since September last year.
Judged year-on-year, the result increased by 15.5 percent from the MOP14.94 billon in September 2023.
In early September this year, tourism and general travel to Macau, along with some non-gaming services at the city’s casino resorts, were disrupted by the passage of a super typhoon with the moniker “Yagi”.
The latest monthly GGR figure took such Macau revenue for the first nine months this year to MOP169.36 billion, up 31.3 percent on the prior-year period.
Banking institution Citigroup said in a recent note after its September survey of Macau gaming floors, that the market had seen the number of number of ‘whales’ – defined as players that have a bet size of HKD100,000 or more – and the amount wagered by them so far this year, “exceed” the levels seen in full-year 2023.