Macau casino gaming revenue doubled in February
As is well known, gambling establishments in the Administrative Region of Macau have been suffering serious losses caused by the global pandemic.
Nevertheless, Macau casinos started to recoup their losses, and the profitability indicators began a slow crawl back up to pre-quarantine times.
According to the latest figures issued by the Gaming Inspection & Coordination Bureau, gambling revenue in Macau grew by 135% compared to February 2020.
The indicator is quite good, but it should be considered that just at this time last year, gambling establishments in Macau were under quarantine for a few weeks, and then reopened but encountered serious restrictions.
Some restrictions have not yet been lifted. Because of that, it’s too early to say that casinos will soon recoup their losses completely, as revenue is increasing slowly.
China’s authorities have already allowed entering Macau from the mainland, but there has been no large influx of tourists in the region.