Gaming

Gaming revenue slows in September amid fewer visitors, typhoon disruptions

The gaming industry saw moderate growth in September, posting a 6% year-on-year increase in gross gaming revenue to MOP18.3 billion, according to figures released by the Gaming Inspection and Coordination Bureau.

The result fell short of market expectations, which had forecast a 9% rise, reflecting a slowdown in visitor numbers after the summer travel peak.

Analysts attributed the weaker performance to seasonal trends and adverse weather conditions, including the impact of Super Typhoon Ragasa, which temporarily closed casinos and halted public transportation.

The month’s revenue remains about 17% below pre-pandemic levels recorded in 2019.

Visitor arrivals surged in August to 4.2 million, surpassing 2019 levels, but are expected to have dipped in September as the holiday season ended.

The Macao Government Tourism Office will release updated visitation figures later this month.

Industry observers, however, remain optimistic about October’s outlook. The National Day “Golden Week” holiday, one of China’s peak travel periods, is anticipated to boost both visitor arrivals and gaming turnover.

The city’s efforts to diversify its entertainment offerings, such as hosting international concerts and sporting events, continue to support tourism-driven revenue.

Highlights this month include the upcoming NBA China Games, featuring the Brooklyn Nets and Phoenix Suns, expected to draw additional visitors.

 

Categories Macau