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The following is the In December 2020, Macao’s gaming revenue reached 7.82 billion Macao dollars, a year-on-year decrease of 65.8% recommended by recordtrend.com. And this article belongs to the classification: Chinese economy.
According to data released on Friday by Macao gambling supervision and Coordination Bureau, gambling revenue in December fell 65.8% from a year earlier to Macao $7.82 billion, a slower decline than in previous months.
Affected by the new epidemic, Macao’s gambling revenue dropped 79.3% in 2020 to Macao $60.4 billion, the worst year on record.
In February 2020, all casinos and entertainment venues in Macao were closed for 15 days due to the new crown epidemic. Although Macao casinos resumed operation on February 19, the authorities still imposed strict restrictions to control the spread of the virus.
More reading: Macao gambling supervision and Coordination Bureau: in December 2019, Macao’s gambling revenue was 22.84 billion Macao dollars, a year-on-year decrease of 13.7%. Macao gambling supervision and Coordination Bureau: in May 2020, Macao’s gambling revenue was 1.76 billion Macao dollars, a year-on-year decrease of 93.2%. Macao’s gambling industry was cold, but Chinese gamblers still lost more money – information chart: in May 2015, Macao’s gambling revenue was 20.346 billion Macao dollars Macao’s gambling revenue in January 2018 reached 26.3 billion Macao dollars, up 36.4% year on year. Macao’s gambling revenue in April 2015 dropped sharply by 38.8% year on year. Gambling supervision and Coordination Bureau: Macao’s gambling revenue in July 2017 was 22.964 billion Macao dollars Macao’s gambling revenue reached 20.2 billion Macao dollars in April 2017 (with data from 2014 to 2016). The Brazil World Cup in June 2014 reduced Macao’s gambling revenue by 3.7% year on year. Macao gambling supervision and Coordination Bureau: Macao’s gambling industry fell by more than 30% year on year in December 2014 People’s Bank of China: questionnaire survey report on urban depositors in the first quarter of 2019 China Bureau of Statistics: profits of Industrial Enterprises above designated size increased by 16.2% from January to August 2018 Ministry of Commerce: foreign investment absorption in the whole country in 2017 sharing opportunities: the impact of China International Import Expo on the commercial real estate market (with download) people’s Bank of China: China’s monetary policy in Q1, 2018 Policy implementation report (with download)
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