Gaming revenues in Macau fall in March for 22nd consecutive month

5 April 2016

Gross revenues from gaming and gambling in Macau in March fell for the 22nd consecutive month by registering a year on year change of -16.3 percent to 17.981 billion patacas (US$2.247 billion), according to official figures.

The figures reported by the Gaming Inspection and Coordination Bureau (DICJ) showed that gross revenues started falling in January 2014, with a drop of 3.7 percent. Since then that downward trend has continued.

Accumulated gross revenues since the beginning of the year also fell, recording a negative change of 13.3 percent to 56.176 billion patacas (US$7.022 billion).

Macau’s casinos ended 2015 with gross revenues of 230.84 billion patacas (US$28.855 billion), which was a contraction of 34.3 percent compared to 2014 when revenues totalled 351.521 billion patacas (US$43.94 billion).

At the end of 2015 there were 36 casinos in Macau, 20 of which were owned by Sociedade de Jogos de Macau, six by Galaxy Casino, four by Venetian Macau, four by Melco Crown Jogos (Macau) and one each by Wynn Resorts and MGM Grand Paradise, which altogether had a total of 5957 tables and 14,578 slot machines. (macauhub/MO)