Macau casino revenue falls in April to US$2.948 billion

2 May 2019

Gross revenue from gambling in Macau’s casinos fell 8.3% to 23.588 billion patacas (US$2.948 billion) in April, compared to the same period in the same period of 2018, according to the Gaming Inspection and Coordination Bureau (GICB).

The percentage decline recorded in April was the biggest year-on-year fall since the beginning of the year, after negative changes of 5.0% and 0.4% respectively in January and March, which were interrupted in February with a growth of 4.4%.

Accumulated gross revenue since the beginning of the year reached 99.739 billion patacas (US$12.467 billion), or a drop of 2.4% compared to the 102.239 billion patacas recorded in the same period of 2018.

The six Macau gaming concessionaires had 41 casinos at the end of the first quarter of 2019, of which 22 were run 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 6,624 gaming tables and 17,122 slot machines. (Macauhub)