GGR at Macau Casinos Was up 44% Year-on-Year for 2021
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Macau's casinos generated gross gaming revenue of MOP$86.86bn (US$10.8bn) in 2021. This is a 44% increase on the previous year. The total was 70% lower in 2020 due to the COVID-19 pandemic. Macau’s casinos finished off 2021 with GGR of $7.96bn in December.
There are still COVID-19 restrictions in place in Macau. New rules are going into effect on January 6 for people coming from high-risk countries. There are 22 countries on this list, including the Philippines, India, and Cambodia.
GGR at Macau Casinos Was up 44% Year-on-Year for 2021. This is set to be a big year for Maca's casinos as their concessions are expiring in June. There are some indications that the six licensees will get new operating permits before the June expiration date. Stricter regulatory conditions will see more scrutiny on capital that is going to Macao casinos from mainland China. The region will also have to deal with casinos canceling their deals with junket operators.
