Macau gambling revenue shoots up to US$1.3b in May

Gambling revenue in Macau surged by 492.2 percent 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 disease-related travel restrictions, Reuters reports.

May's figure was 10.5 billion patacas (US$1.31 billion) government data showed on Tuesday, the highest monthly total this year. Gambling revenues had slumped in 2020 because of the pandemic restrictions.