Macau gaming revenue declines to $374 million in November
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Macau's casino industry generated gross gaming revenues of MOP$3.0 (US$374 million) in November. This is 55.6% lower than the same period last year.
Macau gaming revenue declines to $374 million in November. China's National Immigration Administration resumed electronic applications for travels from the mainland to Macau. The current pandemic situation severely restricts travel across mainland China.
Macau's gross gaming revenue in November was 23.1% lower than in October. November 2022 generated an 86.9% less revenue than the pre-pandemic November 2019. On a year-to-date basis, Macau’s GGR was MOP$38.7 billion (US$4.83 billion) from January to November 2021.
Nevada has recorded 20th consecutive month with a gaming win of over US$1 billion. Las Vegas hit a $90.5 million record in October. Macau's gaming revenue declined to $374 million in November. Las Las has better cards now than before. The current situation shows that Macao is compelled to play against the odds to get back at the table.
