Macau gambling revenue falls 3.3 per cent in 2016 for the 3rd year in a row.
gaming revenue
Macau posted an 8.8 per cent growth in gambling revenue in October, the third consecutive monthly rise, according to the Macau Gaming Inspection and Coordination Bureau (DICJ). Gaming revenue was MOP 21.8 billion (US$2.73 billion), government data showed on Tuesday. The growth reversed a 26-month fall of revenues of the 38 Macau casinos. In the first 9 months of […]
Macau casino gaming revenue grew for the second straight month in September according to statistics released on Saturday from Macau’s Gaming Inspection and Coordination Bureau (DICJ). The figures released by the DICJ showed gross gaming revenue hitting MOP 18.4 billion (US $2.3 billion) in September, up 7.4 per cent from the same month last year. That followed […]
The Secretary for Economy and Finance said Wednesday that gaming revenue during the National Day Golden Week has decreased by 20-percent compared to last year, according to Macau´s television (TDM). Lionel Leong Vai Tac expects, however, that October’s revenue will be the highest in four months. And as a result, the year-on-year decline will slow […]
Macau’s gross gaming revenue in September fell 33 percent year-on-year to 17.13 billion patacas (2.2 billion U.S. dollars), according to the latest figures from the industry regulator, the city’s Gaming Inspection and Coordination Bureau. The industry suffered the 16th consecutive monthly income decrease, but the drop narrowed by 2.5 percent from August, the figure indicated. […]
The Health Bureau (SSM) says in a statement it estimates that the city’s gaming revenue would be reduced by up to 4.6 percent if a blanket ban on smoking in all gaming venues was implemented, adding that it had taken a preliminary assessment conducted by the Gaming Inspection and Co-ordination Bureau (DICJ) as a reference. […]
Considering that the city’s average monthly gross gaming revenue continues to exceed the 20 billion patacas threshold stipulated by the 2015 Budget Amendment Law, there is no need for the implementation of austerity measures for the time being, Secretary for Economy and Finance Lionel Leong Vai Tac said in a written statement released by his […]
Chief Executive Fernando Chui Sai On said on Tuesday that if, as predicted, this month’s gross gaming revenue drops to about 18 billion patacas the government would implement certain austerity measures, a possible move announced by Secretary for Economy and Finance Lionel Leong Vai Tac earlier this month. Chui, who made the remarks on the […]
Secretary for Economy and Finance Lionel Leong Vai Tac said on Saturday that while the statistics for July’s gross gaming revenue are not available yet, he estimated that the figure will not exceed 18.355 billion patacas ( US$ 2.294 billion), the so-called “red line” set by the government for austerity measures to be put in […]