Macau casinos post gross revenue of over US$28 billion in first nine months of 2012

5 October 2012

Gross gaming and gambling revenues in Macau totalled 223.310 billion patacas (US$27.913 billion) in the first nine months of the year, representing a year-on-year rise of 14.9 percent, the Gaming Inspection and Coordination Bureau (GICB) said.

In accumulated terms, the month of September continued the trend seen since the beginning of the year of a drop in year-on-year growth which, from 34.8 percent in January, has fallen each month until it reached 14.9 percent in September.

In September alone, gamblers left 23.866 billion patacas (US$2.983 billion) in the casinos, which represented growth of 12.3 percent against the same month of 2011.

The monthly growth rate seen in September was higher than for August (5.5 percent), and in July (1.5 percent) and marginally higher than in June (12.2 percent).

At the end of the first quarter of 2012 there were 35 casinos in Macau run by six concession-holders, 20 of which were owned by Sociedade de Jogos de Macau, six by Galaxy Casino, four by Venetian Macau, three by Melco Crown Jogos (Macau), one by Wynn Resorts (Macau) and one by MGM Grand Paradise, with a total of 5,498 gaming tables and 17,035 slot machines. (macauhub)