Macau casino revenues fall for 24th consecutive month

2 June 2016

Gross revenue from Macau casinos fell in May for the 24th consecutive month and stood at 18.389 billion patacas (US$2.298 billion), an annual contraction of 9.6 percent, according to the Gaming Inspection and Coordination Bureau (DICJ).

Accumulated revenues from January to May reached 91.906 billion patacas (US$11.488 billion), which represents a decrease of 11.9 percent when compared to the amount recorded in the same period of 2015.

In 2015, Macau’s casinos generated gross revenues 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 the first quarter of 2016 there were 36 casinos in Macau run by six concession holders, 20 by Sociedade Jogos de Macau, 6 by Galaxy Casino, four by Venetian Macau, four by Melco Crown Jogos (Macau), one by Wynn Resorts (Macau) and one by MGM Grand Paradise, which had 6,087 gaming tables and 14,297 slot machines. (macauhub/MO)