Macau casino revenue grows by 4.4% in February

4 March 2019

Macau’s casinos gross revenue grew by 4.4% year-on-year in February to 25.37 billion patacas (US$3.171 billion), but did not offset the 5.0% decline recorded in January, the region’s Gaming Inspection and Coordination Bureau.

Gaming and gambling provided gross revenue of US$24.942 billion in January, the first decline since July 2016, a month in which the change was negative by 4.5% falling to 17.774 billion patacas (US$2.221 billion).

Accumulated revenue since the beginning of the year reached 50.312 billion patacas (US$6.289 billion), or a fall of 0.5% compared to the first two months of the year.

Macau’s gambling revenue in 2018 grew 14% to 302.846 billion patacas (US$37.6 billion), according to official figures released by the Gaming Inspection and Coordination Bureau.

The six Macau gaming concession holders had 41 casinos at the end of 2018, of which 22 are operated by Sociedade de Jogos de Macau, six by Galaxy Casino, five by Venetian Macau, four by Melco Crown (Macau), two by Wynn Resorts (Macau) and two by MGM Grand Paradise, with 6,588 gaming tables and 16,059 slot machines. (Macauhub)