Published
Land-BasedCasinoFinancial

Macau casinos record highest revenue growth of 2019 for June

Macau’s casino industry enjoyed its highest year-on-year growth of 2019 for June, as gross gaming revenue rose 6% to MOP23.81bn ($2.96bn).

Macau

The total itself is the second-lowest of the year and still leaves casinos 0.5% down on accumulated gross revenue for the calendar year so far.

However, Macau’s casino sector has now grown for two months in a row, following April’s 8% drop.

Revenue rose 2% for May and June’s 6% increase should allay constant speculation about the state of Macau’s gambling market.

Volatile VIP revenue and the impact of the US-China trade war have been forecasted as factors for dwindling Macau handle and revenue.

But growth, for June at least, was significantly more positive and means three out of six months in 2019 have seen yearly increases.


Asia News Sponsor
Premium+ Connections
Premium

PIN-UP Partners

 
Premium

1xBet Partners

 
 
Premium

Lynon

 
Premium

GammaStack

 
Premium

Imagine Live

 
Premium

Galaxsys

 
Premium

RISK

 
Premium

Digitain

 
Premium

Sport Generate

 
 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Esportes Gaming Brasil

Ana Carolina Luna Maçães

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...