Macau hits new low

By David Cook
June’s monthly gross gaming revenue (GGR) for Macau is the lowest total to have been reported since November 2010.

Figures released by the Macau Gaming Inspection and Coordination Bureau showed 17.36bn patacas was generated, and marks Macau’s worst month since 17.35bn patacas was reported in November 2010.

The total for June is down 15% month-on-month and down 36% year-on-year, marking the former Portuguese’s colony’s 13th consecutive year-on-year monthly decrease.

Record year-on-year monthly decreases have been reported three times within the 13 consecutive months of decline, as February’s 19.54bn patacas was a record 49% fall, beating December’s 30% downturn to 23.29bn patacas, which itself topped October’s 23% slump to 28.03bn patacas. A year-on-year fall of over 30% has been reported for the last five consecutive months.

The monthly Macau GGR sum fell to its lowest point in over four years in April, as the total of 19.17bn patacas was the lowest to have been reported since January 2011, when 18.57bn patacas was generated.

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