Spending in Macau’s casino industry is inching closer to a full post-pandemic recovery, with the latest data from CreditsSight, the research arm of Fitch Group, showing that gaming expenditure per visitor has reached about 93% of pre-pandemic levels.
many kinds of media Report The company cited data showing that gaming expenditures per visitor averaged $841 in the first five months of 2024. This figure exceeded the $803 recorded in 2023 and represented a 93% recovery compared to the first five months of 2019.
While this figure is still lower than the US$920 per capita for the whole of 2019, CreditSight remains optimistic that recent initiatives to encourage tourism in Macau will help maintain solid short-term growth.
[See more: Mass market games account for more than 76 percent of second quarter GGR]
The report said measures such as the Hengqin-Macau multiple-entry visa “will help support more visitors from mainland China, which has recovered to 81% of 2019 levels so far this year.” The mainland is Macau’s largest tourism market by far.
CreditSight also forecasts that Macau’s gross gaming revenue (GGR) could exceed MOP234 billion (US$29 billion) this year, about 8% higher than the same period last year. $216 billion (The government estimate is $26.8 billion).
The research firm noted that Macau’s gross gaming revenue totaled approximately MOP114 billion (US$14.2 billion), and said “we expect to see incremental GGR across the market as visitor arrivals continue to increase and per-visitor spending remains stable.”
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