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Macau’s casino revenue drops 5 percent in January

Gambling revenue in Macau fell 5 percent in January, the first drop in more than two years, Macau’s Gaming Inspection and Coordination said on Friday.

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UPDATED: 22 Dec 2023, 5:48 am

Gambling revenue in Macau fell 5 percent in January, the first drop in more than two years, Macau’s Gaming Inspection and Coordination said on Friday.

The Chinese special administrative region reported 24.9 billion patacas ($3 billion) revenue, versus 26.3 billion patacas a year ago.

Revenue for the full year of 2018 was 302.85 billion patacas ($37.6 billion)

Gambling revenue in Macau rose 14 percent in 2018, the second consecutive year of gain.

Macau’s six gaming and gambling concession holders had 41 casinos at the end of the first half, of which 22 were owned by Sociedade de Jogos de Macau, six by Galaxy Casino, five by Venetian Macau, four by Melco Crown (Macau), two by Wynn Resorts, and two by MGM Grand Paradise, with 6,586 gaming tables and 17,296 slot machines.

Two of the Sociedade de Jogos de Macau’s casinos – Macau Palace and Greek Mythology – are provisionally suspended, according to the DICJ.

UPDATED: 22 Dec 2023, 5:48 am

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