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The Gaming Inspection and Coordination Bureau (DICJ) in Macau has reported MOP8.02bn ($1bn) in gross gaming revenue for January, a 64% year-on-year decline.
However, the sum is an almost 3% increase on December’s revenue figures.
In December, Macau’s casinos earned MOP7.82bn, a near-66% drop, but this figure was the sector’s highest since January 2020. The sum was also up 16% sequentially.
In December, close to 659,407 people visited Macau, the seventh month in a row to see increased visitation numbers.
Meanwhile, Sanford C. Bernstein suggested January’s figures have been impacted by increasing cases of COVID-19 and the travel restrictions placed on China.
The agency named the week between 18 and 24 January as the affected period,…