Macau’s year-on-year gaming revenue has grown for the first time in 17 months with official figures showing a surge of 135.6% for the month of February.
The data, released by Macau’s Gaming Inspection & Coordination Bureau, shows that the island territory’s overall gaming revenue for February came in at 7.3 billion Macau Pataca ($915 million).
This was a significant increase on February 2020’s figure of 3.1 billion Macau Pataca, but still a little short of the 145% jump that median analysts had predicted for the industry.
Although February’s revenue is down 8.9% on the previous month, the growth still represents a step in the right direction.
However, it’s likely to be some time before the industry gets back to its pre-pandemic figures of 2019. The reported figures for February 2021 are still down 71% on February 2019’s revenue which came in at 25.3 billion Macau Pataca ($3.1 billion).