Gross revenue from gambling fell 96.8% year over year to 754M patacas, or $95 million, in April, Macau's Gaming Inspection and Coordination Bureau said, the worst month on record, surpassing the Macau Experiences April Showers as Gaming Revenue Plunges 97 Percent. Posted on: May 1, 2020, 11:15h. Last updated on: May 1, 2020, 11:57h. Gambling revenue in Macau plunged 96.8% in April year-on-year, with casinos reeling in the world's biggest casino hub as authorities imposed a raft of measures to keep visitors away to contain the Gross revenue in 2020 came to 60.4 billion patacas, about $7.6 billion. casinos in Macau were forced to close down. Initially, there was a 15-day shutdown, but this continued through March, April, and into May. By June, casino revenues were down 97% compared to the same period in 2019. This poses an interesting opportunity for those Near-empty gambling tables at the Grand Lisboa casino in Macau on 20 February 2020. Photo: Handout Kong-Zhuhai-Macau Bridge on 27 April 2020. Photo: Edmond So of declining revenue, coming Macau casinos really took it on the chin in April as gaming revenue slid nearly 97% year-on-year to a new record low. Figures released Friday by Macau’s Gaming Inspection and Coordination Bureau Analysts Predict Macau Casino Revenue May Fall to Zero in April Apr 3, 2020 at 12:34PM As bad as February and March were for casino operators in Macau, analysts think April will be even Macau’s casino gross gaming revenue fell almost 80 per cent in 2020 amid disruption to travel and the economy caused by the coronavirus pandemic. GGR Asia reports that data, released last Friday by the Gaming Inspection and Coordination Bureau revealed Macau’s GGR was US$7.57 billion in 2020, compared to almost five times that in 2019. The gaming results for April represent the seventh straight month of declining revenue, coming after Macau had already been battered by a two-year-long trade war and months of Hong Kong protests. People walk along the sidewalk near the Parisian Macao on April 10, 2020. (Inside Asian Gaming) In this Jan, 23, 2020, photo released by Initium Media, tourists wearing masks, take photographs
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