Casino revenue in Macau falls in June for 13th consecutive month

2 July 2015

Gross revenue from Macau’s casinos fell in June for the 13th consecutive month to 17.355 billion patacas (US$2.169 billion), down 36.2 percent year-on-year, according to the Gaming Inspection and Coordination Bureau (DICJ).

This period of falling revenues began in June 2014, when the annual growth rate fell by 3.7 percent, and from September of that year the drop increased to double digits, which has continued ever since and peaked at -48.6 percent last Februa

Gross revenues from games of chance accounted between January and June amounted to 121.645 billion patacas (US$15.205 billion), which was a year on year drop of 37.0 percent.

In 2014, gross revenue from Macau casinos fell by 2.6 percent to 351.521 billion patacas (US$43.940 billion), the first negative growth since liberalisation of the Chinese region’s gaming sector.

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)