Macau gaming revenues total US$18.591 billion in first half

3 July 2012

Gross gaming and gambling revenues in Macau totalled 148.729 billion patacas (US$18.591 billion) from January to June, representing a year-on-year rise of 19.8 percent, the Gaming Inspection and Coordination Bureau (GICB) said.

According to latest figures from the GICB, the year-on-year rate of growth in June was the lowest since the beginning of the year, in which January was the highest, at 34.8 percent, and then fell continuously over the next five months.

In monthly terms, gross gaming and gambling revenues totalled 23.334 billion patacas (US$2.916 billion), an year-on-year rise of 12.2 percent, which was the which was higher than in May, when it grew by 7.3 percent.

At the end of the first quarter of 2012 there were 34 casinos in Macau, 20 of which were owned by Sociedade de Jogos de Macau, three by Venetian Macau, six by Galaxy Casino, three by Melco/PBL Jogos (Macau) and one each by Wynn Resorts and MGM Grand Paradise.

On 11 April Sands Cotai Central, a new resort owned by US gaming and gambling concession holder Las Vegas Sands, opened in Macau with two casinos an around 400 gaming tables and 800 slot machines. (macauhub)