Macau casino revenues see biggest fall of the year in August

2 September 2019

August was the month in which gross revenues from Macau casinos contracted most year-on-year since the beginning of the year, down by 8.6% to 24.262 billion patacas (US$3.032 billion), the Macau Gaming Inspection and Coordination Bureau (DICJ) said.

Data released by the DICJ showed that casinos’ gross revenues have suffered declines in five of the eight months of 2019 so far, ranging from a low of 0.4% in March to a high of 8.6% in August.

Accumulated gross revenues reached 198.218 billion patacas (US$24.777 billion), a year-on-year decline of 1.9% compared to 202.103 billion patacas 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 6,734 gaming tables and 17,638 slot machines. (Macauhub)