Macau’s casinos revenues decrease 0.1 pct in February

2 March 2016

Gross revenue from Macau’s casinos fell again in February, for the 21st consecutive month, although the annual percentage change was negative by just 0.1 percent, reported the Gaming Inspection and Coordination Bureau (DICJ) .

The data released Tuesday showed that gross revenue totalled 19.521 billion patacas (US$2.440 billion), compared to 19.542 billion patacas in February 2015.

In January 2016, for example, the annual percentage change was negative by 21.4 percent and had also been also negative by double digits since September 2014, the month in which stood at -11.7 percent.

In January and February 2016 cumulative revenues amounted to 38.195 billion (US$4.774 billion) a year on year fall of 11.8 percent compared to 43.290 billion patacas.

Macau’s casinos ended 2015 with gross income of 230.840 billion patacas (US$28.855 billion), a figure that represented a contraction of 34.3 percent compared to 2014, when revenues totalled 351.521 billion patacas (US$43.940 billion).

At the end of 2014 there were 36 casinos in Macau owned by six concession holders: 20 of Sociedade de Jogos de Macau, six of Galaxy Casino, four Venetian Macau, four Melco Crown Jogos (Macau), one of Wynn Resorts (Macau) and one MGM Grand Paradise, which had a total of 5,957 tables and 14,578 slot machines. (macauhub/MO)