Macau’s casino revenue down in July for 14th straight month

4 August 2015

Gross revenue from Macau’s casinos declined last July for the 14th consecutive month, amounting to 18.615 billion patacas, down 34.5 percent year-on-year, indicate figures released by the Gaming Inspection and Coordination Bureau.

The current series of negative percentage variances began in June 2014, when revenue fell 3.7 percent to 27.215 billion patacas (US$3.402 billion).

Accumulated gross casino revenue from January through July was 140.259 billion patacas (US$17.532 billion), 36.7 percent less than in the same period of 2014, when the corresponding figure was 221.501 billion patacas (US$27.687 billion).

In 2014 gross revenue from Macau’s casinos declined by 2.6 percent to 351.521 billion patacas (US$43.940 billion), the first annual negative variation since the sector opened to more than one concessionaire.

At the end of the first half of 2015 there were 35 casinos in Macau, pertaining to six concessionaires: Sociedade de Jogos de Macau (20), Galaxy Casino (6), Venetian Macau (4), Melco Crown Jogos – Macau (3), Wynn Resorts – Macau (1) and MGM Grand Paradise (1). Altogether they counted 5,814 gaming tables and 14,192 slot machines. (Macauhub/MO)