Macao’s casinos generated a total gross gaming revenue (GGR) of 17.69 billion patacas (US$2.2 billion) in June, according to the latest figures from the Gaming Inspection and Coordination Bureau (also referred to by its Portuguese initials DICJ).
It marks a month-on-month decrease of roughly 13 percent, compared to the 20.2 billion patacas (US$2.5 billion) recorded in May.
Year-on-year, the latest total represents an increase of 16 percent compared to June 2023, which saw GGR of 15.2 billion patacas (US$1.9 billion).
[See more: Gaming tax made up 85 percent of Macao’s revenue between January and May]
The latest figure represents the lowest GGR that has been recorded since November 2023, attributed by analysts to the slump that occurs after the May Day holidays.
Cumulatively, 113.7 billion patacas (US$14.9 billion) have been generated in GGR during the first six months of the year, an almost 42 percent increase over the first half of 2023.
According to one estimate, GGR could end the year at 230 billion patacas (US$28.7 billion). The government forecasts a more conservative 216 billion patacas (US$26.9 billion).
