Published

Macau casino revenue continues to fall

Maca

Macau
u casino revenue fell 39.4% year-on-year in March, marking a tenth consecutive monthly year-on-year decline.

March’s total, despite increasing by approximately 2bn patacas from the previous month to 21.5bn patacas, is down from the 35.5bn patacas posted for March last year.

The downturn for March did not beat the record 48.6% fall that was reported for February, which saw 19.5bn patacas generated.

That was the third time in the space of six months that the record year-on-year monthly casino win decrease had been broken in the region, following 23.2% and 30.4% falls in October and December respectively.

Total revenue for March signified the seventh consecutive month that casino win has fallen by a double figure percentage.

Revenue for the first quarter of the year is down 37% from 102.2bn patacas to 64.8bn patacas.

The Macau casino market suffered its first annual revenue fall for the first time since records began last year, as the final total of 351.5bn patacas was down 2.6% from 360.7bn patacas, which was an all-time single year record.

Dr Fernando Chui Sai On, chief executive of the former Portuguese colony, announced last week that the government would be taking a greater involvement in regulating the special administrative region's gaming market.

Macau is the only region in China where casino gambling is legal.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Soft2Bet
Scientific Games
Digitain Malta
Follow Us

Facing Facts: Q3 2024 analysis

Gambling Insider takes a look at the Q3 results of operators...

Taking stock: The final count of 2024

Gambling Insider tracks operator and supplier prices of some...

CEO Special: Flutter CEO Peter Jackson – Playing to win

As the biggest publicly traded operator in gambling meets th...

CEO Special: Holland Casino CEO Petra de Ruiter – High flier

Petra de Ruiter, Holland Casino CEO, speaks to Gambling Insi...

A welcome from your host

A message from the Founder of the Global Gaming Awards and G...

From the event manager

A message from the Event Manager of the Global Gaming Awards...

From the Awards adjudicator

KPMG in the Crown Dependencies is the official voting adjudi...

The process

The Global Gaming Awards have deservingly earned the reputat...