BREAKING NEWS – February gaming results drop even with CNY

Even with the Chinese New Year period, local gross gaming revenues have dropped by 8.8 per cent in February 2021 from the previous month to about MOP7.3 billion (US$915.1 million), data published today by the Gaming Inspection and Co-ordination Bureau (DICJ) reveals.

Higher results were previously expected with the Chinese New Year holiday period falling in February, however, an increase in infections in the mainland coupled with several notices by authorities to avoid travel during the festive period led to luke-warm visitation numbers.

The SAR reported less than 100,000 during the holiday period between February 11 and 17, with an average of 12,900 visitor arrivals per day.

When compared with February, 2020 – the first month to see the full impact of the pandemic into local operations – gaming results have increased considerably by 135 per cent year-on-year.

The first month of this year had shown a better total than each of the 11 preceding months, even including the CNY, Golden Week and Christmas and NYE holiday period months.

Some MOP15.3 billion in gaming revenues were reported in the first two months of the year, a 39 per cent year-on-year fall.