Macau’s gaming revenue fell less than analysts’ forecasts last month, Bloomberg said on Friday. However, Reuters said that the drop was in line with analysts’ expectations of a fall of 5-12 percent.
Gross gaming revenue fell 8.5 percent year-on-year to 15.9 billion patacas, the lowest level since September 2010 and marking 25 consecutive months of declines, the Gaming Inspection and Co-ordination Bureau (DICJ) announced on Friday. That followed a 9.6 percent decrease in May and compares with the median estimate of a 9.5 percent drop by seven analysts surveyed by Bloomberg.
Gross gaming receipts in the first half of the year fell 11.4 percent to 107.8 billion patacas.
