In September, Macau's gambling income fell to its lowest level in six months.
In September, gambling income in Macau fell to MOP14.94 billion (£1.53 billion/€1.77 billion/$1.85 billion), the lowest level in six months. However, this was a big gain over last year.
Macau's total market revenue fell 13.2% from the record high of MOP17.21bn in August. It was also the lowest monthly number since Macau made MOP14.72 million in April.
The number for September, nevertheless, was around 404.2% higher than the MOP2.96bn from the same month previous year. This was because the numbers for 2022 were affected by casinos closing for a short time in Macau because of Covid-19 actions.
After countrywide protests over the government's "zero-Covid" policy, which was too long and too stringent, these limitations were eased. Visitors from outside China no longer have to stay in quarantine, and there are currently no limits on the number of flights that can come into China.
Macau's H1 revenue is MOP80.14 billion.
The entire amount of money made from gambling in Macau in the first half of the year was MOP80.14bn. This was 205.1% lower than the same time previous year, which ended on June 30.
By the way, the H1 period was the beginning of the first wave of new concessions for gaming businesses in the area.
There were seven people who applied for the concessions. These included the current owners: Galaxy Entertainment Group, Las Vegas Sands, MGM Resorts International, Melco Resorts, SJM Resorts, and Wynn Resorts. Genting Malaysia was also mentioned.
The six operators who were already in Macau were picked, therefore Genting missed out on some concessions.
New concessions started on January 1 and will last until December 31, 2032.