Casino gambling revenue in Macau falls in May for the 12th consecutive month

2 June 2015

Gross revenue from Macau’s casinos fell 37.1 percent year-on-year in May to 20.346 billion patacas (US$2.543 billion), following revenues of 32.354 billion patacas in the same period of 2014, according to the region’s the Gaming Inspection and Coordination Bureau (DICJ).

May was the 12th consecutive month to see a drop in revenues in Macau, a trend which began in June 2014 with negative growth of 3.7 percent.

On a more positive note, the negative growth rates recorded since the start of the year are reducing after a maximum of -48.6 percent in February.

Between January and May gross revenue reached 104.289 billion patacas (US$13.036 billion), a drop of 37.1 percent over the same period of 2014.

At the end of the first quarter of 2015 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 Grand Paradise, which had a total of 5,704 gambling tables and 12,688 slot machines. (macauhub/MO)