Macau casino revenues see double digit rise in November

2 December 2016

Revenues from Macau’s casinos grew in November to an annual rate of two digits, by 14.4%, the first time this has happened since last August reversed a long series of 26 months of falls, according to the Macau Gaming Inspection and Coordination Bureau.

Gross revenues recorded in November reached 18.788 billion patacas (US$2.348 billion), which despite being higher than in the same month last year – 16.425 billion patacas – was lower than in October, the month in which it reached 21.815 billion patacas.

Revenue recorded from January to November totalled 203.395 billion patacas (US$25.424 billion), or a decrease of 4.3% over the same period of 2015.

At the end of the first half of 2015 there were 38 casinos in Macau, 20 run by Sociedade de Jogos de Macau, six by Galaxy Casino, five by Venetian Macau, four by Melco Crown Gaming (Macau), two by Wynn Resorts (Macau) and one by MGM Grand Paradise, which had a total of 6,304 gambling tables and 15,769 slot machines. (macauhub)