Macau’s gambling revenues soar 492% in May

FILE PHOTO: A night view of the Venetian Macao Resort Hotel (L) and Galaxy Macau resort are seen in Macau, China December 31, 2015. REUTERS

HONG KONG — Gambling revenue in Macau surged 492.2% on the year as the world’s biggest casino hub continued to see a pick-up in visitor from its key market, mainland China, following an easing of coronavirus travel curbs.

May’s figure was 10.5 billion patacas ($1.31 billion) government data showed on Tuesday, the highest monthly total this year.

Gaming revenues had slumped in 2020 because of the pandemic curbs.

($1=7.9920 patacas)