December marks the 15th consecutive month of year-on-year declines since October 2019.
gross gaming revenue
Macao casinos’ gross gaming revenue rose 228.8% from MOP 2.21 billion in September to MOP 7.27 billion (US$910.9 million) last month.
The government’s receipts from gross gaming revenue taxes in the first eight months fell by 70.2% year-on-year to MOP 22.8 billion (US$2.87 billion), the Financial Services Bureau (DSF) announced last week.
Macao government’s receipts from gross gaming revenue taxes in the first eight months fell by 70.2% year-on-year
JP Morgan Securities Asia Pacific analysts said in a note this week that Macao’s daily run-rate of roughly US$5.4 million (MOP 43.4 million) in casino win last month was the same as July’s, calling the figure “disappointing”.
Macau’s gross gaming revenue fell 94.5% year-on-year to MOP 1.344 billion (US$168 million) in July.
Macao gaming operator SJM Holdings reported on Tuesday a loss of HK$1.41 billion in the first half of the year, a year-on-year decline of 184.1%.
Macao casino’s Gross Gaming Revenue (GGR) for June dropped 97% year-on-year.
Macao’s gross revenue from games of chance fell 93.2 per cent year-on-year to MOP 1.76 billion (US$221 million) last month, the Gaming Inspection and Coordination Bureau (DICJ) announced today.