Total revenue for the month was MOP398m (£40.2m/€48.0m/$49.2m), which is a decrease of 95.3% compared to July 2021 and significantly lower than MOP24.45bn in 2019 prior to the pandemic.
The revenue in July also saw a decline of 86.0% from MOP2.48bn in June this year, before casinos had to close due to local Covid-19 measures.
For the year-to-date, revenue in the seven months until the end of June was MOP26.67bn, which is a decrease of 53.6% compared to last year.
Macau experienced a period of closure for non-essential industrial and commercial activities from 11-22 July as Covid-19 cases increased. This led to delayed reopening of casinos until 23 July, albeit in a limited capacity.
Macau’s chief executive, Ho Iat-Seng, recently announced the start of a public tender process for the six available casino licenses, which will run from 29 July to 14 September. This follows a reform of Macau gaming law that replaced the previous system with a simplified model of six concessions.
The six operators currently allowed to offer gaming in Macau are Las Vegas Sands, SJM, Melco, Galaxy Entertainment, MGM China, and Wynn.
| Operator | Type |
|---|---|
| Las Vegas Sands | Concession |
| SJM | Concession |
| Melco | Concession |
| Galaxy Entertainment | Concession |
| MGM China | Concession |
| Wynn | Concession |
A new nine-member body, the Committee for Public Tendering of Concessions for the Operation of Casino Games of Fortune, has been appointed to oversee the tender process.
