Casino receipts fall 12.3 pct in June

2024-07-01 17:31
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Macau's 30 casinos produced a total gross gaming revenue (GGR) of 17.69 billion patacas (US$2.2 billion) in June, a month-on-month decline of 12.3 percent, the local government’s Gaming Inspection and Coordination Bureau (DICJ) has announced today.

However, GGR was up by 16.4 percent year on year.

June’s GGR was the lowest in the first six months of the year and the gaming industry’s lowest monthly GGR since last November.

May recorded GGR of 20.18 billion patacas, the highest monthly result in the first half of the year.

February’s GGR rose 79.1 percent, the highest year-on-year growth so far this year.

GGR in the first six months rose 41.9 percent year on year to 113.7 billion patacas.

Macau's government-concessioned gaming industry is run by six rival integrated resort (IR) operators - Sands, Galaxy, SJM, Melco, Wynn, and MGM. Under their concession agreements with the government, the IR operators are required to strengthen their non-gaming attractions and support Macau's cultural heritage promotion projects.

In the first quarter, according to the latest available official figures, baccarat generated 85.4 percent of Macau's GGR. Roulette, Europe's classic casino game, produced a mere 0.4 percent of the GGR in the first three months of the year when the gaming industry offered over a dozen games of chance.

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