Macau gambling revenue falls 23
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Gaming revenue in macau fell more than 23 percent in october, marking the fifth consecutive month of declines for the chinese gambling mecca. Gambling revenue in macau fell 3. 7% in june from a year earlier, handing the asian gambling hub its first year-over-year decline since the aftermath of the financial crisis. Anticorruption measures and visa policies are among the factors blamed for the dramatic slump in the chinese casino hub. Macau’s gaming inspection and coordination bureau (dicj) informed that the region’s casino industry generated gross gaming revenues of mop$3. 0 (us$374 million) in november to mark the industry’s 55. 6% lower gross revenue in comparison with the same period last year. In november, macau’s casino industry also experienced a 23. Macau’s casino gross gaming revenue (ggr) shrank 79. 3 percent year-on-year in calendar year 2020, amid the disruption to travel and the economy caused by the covid-19 pandemic. The data was released on friday by the local regulator, the gaming inspection and coordination bureau, a body also known as dicj. At pre-pandemic levels, macau's $36 billion gaming revenue accounted for 70-80% of the annual gdp. According to a june 23 report from inside asian gaming, or iag How to Play Blackjack in a Casino in Four Steps, macau gambling revenue falls 23.
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