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Macau Gambling Industry Down in 2022

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Jet Snyder
(@championjet)
Estimable Member
Joined: 1 year ago
Posts: 49
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The Macau Special Administrative Region Government has announced the findings of its 2022 Gambling Survey, which reveal a 49.2 percent annual decline in gaming sector revenue to MOP$46.2 billion (US$5.72 billion). The amount spent dropped by $4.99 billion, or MOP $40.31 billion, or 24.7%.

Macau's nine gaming concessions (six casinos, one racino, the Macau Jockey Club, the Wing Hing Lottery Company Limited, and the Macau Slot sports betting concession) are included in the study.

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Carl Stonemason
(@ckinginsider)
Member Admin
Joined: 1 year ago
Posts: 59
 

It will take a year or two to probably get back to prepandemic numbers. Macau was part of the whole stay-at-home strategy of China, and since Macau is primarily a retail gambling market, it would not be surprising to see those numbers.

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