Gross gaming revenue (GGR) in Macao in September totalled 17.3 billion patacas (US$2.2 billion), according to figures from the Gaming Inspection and Coordination Bureau, which is often known by its Portuguese initials DICJ.
The figure represents a 12.7 percent decrease compared to August’s tally of 19.7 billion patacas (US$2.45 billion) and a 15.5 percent increase compared to September in 2023, when the territory’s six concessionaires generated 14.9 billion patacas (US$1.8 billion) between them.
Analysts attributed the month-on-month drop to punters deferring their visits to Macao until the week-long National Day holidays, which begin today. September typically sees less GGR than August.
[See more: Tax revenue from gambling in August rises nearly 5 percent]
Meanwhile, accumulated GGR for the first nine months of the year stands at 169.4 billion patacas (US$21.1 billion), a 31.3 percent increase on the 128.9 billion (US$16 billion) patacas accumulated during the same period last year.
According to a conservative estimate by the local government, GGR for the full year of 2024 is expected to reach 216 billion patacas (US$26.8 billion).
However, more optimistic predictions have suggested that the overall haul could be as high as 239.9 billion patacas (US$29.8 billion).
