Secretary for Economy and Finance Lionel Leong Vai Tac said yesterday the 13.3 percent year-on-year decrease in the city’s casino revenue in the first quarter was pretty much what the government had expected.
The Gaming and Inspection Co-ordination Bureau (DCIJ) announced on Friday that the casino sector’s gross revenue fell 13.3 percent year-on-year to 56.17 billion patacas in the first three months of the year.
The policy secretary made the remarks after presiding over yesterday’s swearing-in ceremony of the new director and vice-director of the Economic Services Bureau (DSE) at his office in the Bank of China Building.
Asked by reporters about the city’s gaming receipts having fallen for the 22nd consecutive month in March, Leong said last month’s year-on-year drop amounted to 16.3 percent.
