Macau casino revenues rise in August after 26 months of falls

2 September 2016

August broke a run of 26 months of drops in gross revenues from Macau’s casinos with a positive variation of 1.1% and a value of 18.836 billion patacas (US$2.354 billion), according to the Macau Gaming Inspection and Coordination Bureau (DICJ).

The series of revenue downturns began in June 2014, a month in which the casinos earned 27.215 billion patacas (US$3.401 billion) from punters, continued throughout 2015 and has now ended in August.

Gross revenues from gaming and gambling reached 144.396 billion patacas (US$18.049 billion) from January to August, which represents a year on year fall of 9.1%.

At the end of the first half of 2016 there were 36 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 5,998 gambling tables and 13,706 slot machines. (macauhub/MO)