The total income of Macau February Gaming recorded 10.3 billion yuan (below, about S $ 1.71 billion), an increase of 33%year -on -year.It still shows the potential of recovery.
According to Bloomberg, the data released by the Macau Gaming Supervision and Coordination Bureau on Wednesday (March 1) was slightly higher than the 31%growth estimated by analysts.However, this data still decreased by 59%compared to the same period before the epidemic, and it was lower than the 82.5%growth brought by the surge in tourists during the Lunar New Year holiday in January.
Macau is the only place in China to have legal casinos. After the prevention and control of the epidemic in China at the end of last year, a large number of mainland tourists poured into Macau, bringing back to the Macau tourism and gaming industry.According to previous data, 1.4 million tourists entered Macau in January, about 40%of the 2019 level, and tourist data in February has not been announced.
Analysts who were surveyed by Bloomberg predicted that Macau's annual gaming revenue in 2023 may jump nearly four times to reach 158 billion Macau, although this is still only a little more than half of the 2019 level.
Analysts believe that although the depressed tourism needs after the epidemic have pushed a strong recovery, with other destinations such as South Korea and Japan attracting mainland Chinese tourists, Macau consumption may soon decline.
