Gross revenue from Macau’s casinos continues to fall in April

5 May 2015

Gross revenue from Macau casinos in April totalled 19.167 billion patacas (US$2.396 billion), an amount which represents a year on year fall of 38.8 percent, said Monday the Gaming Inspection and Coordination Bureau (DICJ).

Continuing the downward trend that began in June 2014, April is the second consecutive month in which the negative year on year growth rate figures were lower than that for February (-48.6 percent).

In turn, gross casino revenue of from January to April stood at 83.944 billion patacas (US$10.493 billion), 37.1 percent less than in the same period of 2014, with 133.517 billion patacas.

In 2014, gross revenue from games of chance fell by 2.6 percent to 351.521 billion patacas (US$43.940 billion), the first negative growth since the liberalisation of the sector.

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)