Macau’s gaming revenue in December slipped for the third straight month, marking the worst annual decline since 2015 as the world’s largest gambling hub struggled to lure high rollers amid geopolitical tensions and an economic slowdown.
Gross gaming revenue was 22.84 billion patacas last month down 13.7 percent from a year earlier, according to data released by the Gaming Inspection and Coordination Bureau (DICJ) on New Year’s Day.
Last month’s year-on-year decline was the steepest in 2019. Only four months last year generated year-on-year growth. Month-on-month, gaming revenue in December was down 0.17 percent.
