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EN
Macau gaming 2024 gross surplus up 25pct y-on-y to US$18bln, but overall expenses up 18pct: govt
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GGRAsia
Nonetheless, the improvement in gross surplus came amid a “gradual recovery” in gaming business, according to the Statistics and Census Service’s latest annual “Gaming Sector Survey” published on Wednesday.
The 2024 gaming sector survey used data collected from nine entities with gaming activities in the city: six casino concessionaires, plus firms involved in either lottery services or sports betting.
In 2024, the Macau gaming sector’s total receipts rose by 23.1 percent year-on-year, to MOP231.45 billion.
The gaming sector’s gross surplus ratio – a measurement gauging the sector’s efficiency in converting receipts into gross surplus – stood at 62.7 percent in 2024, just 0.5 percentage points higher than 2023.
The sector’s gross value added – measuring its contribution to the overall economy – grew by 22.1 percent year-on-year, to nearly MOP164.61 billion.
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