Macau’s 30 casinos generated gross gaming revenue (GGR) of 17.25 billion patacas last month, a year-on-year growth of 15.5 percent, the Gaming Inspection and Coordination Bureau (DICJ) has announced today.
Last month's GGR was the lowest in the first nine months of this year. So far, May generated this year's monthly record of 20.19 bilion patacas.
GGR in September was down by 12.6 percent month on month.
In the first nine months of the year, GGR rose by 31.3 percent to 169.3 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 and old quarter renovation projects. The operators pay 35 percent of their GGR as direct gaming tax to the government, aside from an additional 5.0 percent in levies for funding a range of public causes. However, the gaming law, amended in 2022, allows the government to lower the additional levies (officially termed "contributions") for a range of reasons, such as for operators expanding their foreign client markets or when they have to cope with unforeseen adverse developments affecting their business operations.
In the first half of the year, according to the latest available official gaming statistics, baccarat generated 85.2 percent of local casinos' GGR, among over a dozen games of chance. Gaming machines produced 5.6 percent of GGR between January and June this year.