Gross revenue from Macau casinos falls in October for 17th consecutive month

3 November 2015

Gross revenue from Macau’s casinos fell in October for the 17th consecutive month, to 20.059 billion patacas (US$2.507 billion), an annual contraction of 28.4 percent, according to the Gaming Inspection and Coordination Bureau (DICJ).

The figures released by the DICJ showed the negative percentage change registered in October continued the downward trend begun in March, after February registered the highest value of the year with a contraction of 48.6 percent.

Registered gross revenue in October once again exceeded 20 billion patacas for the first time since May, when it reached 20.346 billion patacas.

Accumulated revenue from January to October reached 196.074 billion patacas (US$24.588 billion), a fall of 35.5 percent compared to the value recorded in the same period of 2014.

At the end of the first half of 2015 there were 35 casinos in Macau, 20 run by Sociedade de Jogos de Macau, six by Galaxy Casino, four by Venetian Macau, three by Melco Crown Gaming (Macau), one by Wynn Resorts (Macau ) and one by MGM Grand Paradise, which had a 5,814 gambling tables and 14,192 slot machines.

On Tuesday the “Studio City” project opened, the third in Macau’s Melco Crown Entertainment group, which in addition to a casino with 200 tables, includes a shopping centre, the only figure-eight ferris wheel in the world, two towers for hotels with 1,600 rooms, more than 30 restaurants, an event centre with 5,000 seats, concert halls and an indoor Warner Bros. studios theme park. (macauhub/MO)