Breaking News: Gaming revenues fall 79.7pct y-on-y in March

Macau gross gaming revenues have dropped by 79.7 per cent year-on-year in March 2020 to MOP5.2 billion (US$651.2 million), data released by the Gaming Inspection and Co-ordination Bureau (DICJ) today revealed.

The first three months of the year reported MOP30.4 billion in accumulated gaming results, a 60 per cent year-on-year decrease, with the Covid-19 epidemic taking a considerable toll in the local gaming sector.

Last month has seen an increase in imported Covid-19 cases in Macau and Hong Kong with several restrictions on travel and quarantine measures imposed by the two SARs.

On March 26, Guangdong authorities also announced that all arrivals from outside of mainland China, including Macau and Hong Kong residents, will be subject to a 14-day quarantine and coronavirus testing.

Macau has so far reported 41 confirmed Covid-19 cases, with most registered in the last two weeks.