Published
OnlineLand-BasedCasinoPokerFinancial

Macau’s GDP growth slows in Q3 as gaming export growth eases

Macau’s gross domestic product (GDP) grew by 1% in Q3 of 2018, impacted by a slowing in growth of gaming service exports.

macau2

A report from Macau's Statistics and Census Service has shown the island’s rate of growth is at its lowest point for more than two years, with exports of gaming services rising by 5.8% year-on-year during the third quarter.

By comparison, in the second quarter of this year, exports of gaming services grew by 13%, according to official data.

A statement from the statistics bureau said: "The economy grew at a slower pace, mainly due to a continuous decline in construction investment and a notable slowdown in growth of exports of services."

Gross gaming revenue (GGR) from games of fortune for October was MOP27m, a 2% rise in year-on-year figures.

The year so far has seen an accumulated GGR of MOP251m, an increase of 14%. 


Casino News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...