Macau casino revenue sinks to levels not seen since 2010

As predicted, casino gaming revenue in Macau in the month of June hit a low not seen in nearly five years.

According to figures released on Wednesday by Macau’s Gaming Inspection and Coordination Bureau (DICJ), June’s gaming revenue total slipped to MOP 17.4b (US $2.2b). The figure represents a 36.2% year-on-year decline and the lowest monthly total since November 2010.

The decline was slightly better than both analysts and the local government had predicted. While June’s decline extended Macau’s revenue losing streak to 13 months, the rate of decline has slowed each month since February’s record 48.6% shortfall. Still, for the year to date, Macau’s numbers are down 37% from the same period last year.

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