Casino gambling revenue in Macau falls in November for the sixth consecutive month

2 December 2014

Gross revenue from gaming and gambling in Macau fell in November for the sixth consecutive month but at a lower rate lower than that recorded in September, the Gaming Inspection and Coordination Bureau (DICJ) said.

According to information from the Bureau gross revenue reached 24.269 billion patacas (US$3.033 billion), which compares with 30.179 billion patacas in November 2013, or a drop of 19.6 percent.

In October the annual percentage change was -23.2 percent, the highest recorded this year, after negative growth rates of 3.7 percent in June, 3.6 percent in July, 6.1 percent in August and 11.7 percent in September.

Between January and November gross revenue reached 328.236 billion patacas (US$41.029 billion), an increase of 0.3 percent over the same period of 2013.

At the end of the third quarter of 2014 there were 35 casinos in Macau owned and managed by six concession companies, 20 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, which had a total of 5,697 gambling tables and 12,584 slot machines. (macauhub/MO)