Gross revenue at Macau casinos falls 48.6 pct in February

4 March 2015

Gross gaming and gambling revenue in Macau fell by 48.6 percent in February year on year to 19.542 billion patacas (US$2.442 billion), the Gaming Inspection and Coordination Bureau said.

In February 2014 gross revenue in Macau’s casinos was of 38.007 billion patacas (US$4.75 billion).

In the first two months of the year, gamblers left 43.290 billion patacas in Macau’s casinos (US$5.411 billion), a decrease of 35.1 percent compared to 66.746 billion patacas (US$8.343 billion) in the same period of 2014.

In 2014, gross revenues from gaming and gambling fell by 2.6 percent in to 351.521 billion patacas (US$43.94 billion), the first negative growth since gambling was liberalised in Macau.

At the end of 2014 there were 35 casinos in Macau owned by six concession holders: 20 of Sociedade de Jogos de Macau, six of Galaxy Casino, four Venetian Macau, three Melco Crown Jogos (Macau), one of Wynn Resorts (Macau) and one MGM Grand Paradise, which had a total of 5,711 tables and 13,018 slot machines. (macauhub/MO)