Softer economic conditions in China, coupled with the ongoing government crackdown on conspicuous spending, have resulted in a “softening” in VIP turnover across casino resorts in the Asia-Pacific region, including Australia’s Crown Resorts casinos.

On Wednesday, the Australian-listed casino operator reported a 12.2% drop in VIP play turnover across its resorts in the six months ending December 31, 2018, to A$19.9 billion (US$14.24 billion). VIP revenue in Crown’s Melbourne resort was down 11.2%, with a turnover of A$17.3 billion (US$12.38 billion), while Crown Perth reported an 18.5% decline with a turnover of A$2.6 billion (US$1.86 billion).

Crown Melbourne’s earnings before interest, tax, depreciation and amortization (EBITDA) dropped by 3.2% due to the “unfavourable variance” from the casino resort’s VIP program. The property’s main floor revenue, however, rose 2% to A$630.7 million (US$451.33 million), thanks to higher table games revenue (up 2.7%) and gaming machine revenue (up 0.9%).

In Perth, EBITDA fell 8.6% to A$117.6 million (US$841.55 million), along with table game revenue (down 5.2%). Gaming machine and non-gaming revenues were slightly up at 0.7% and 1.8% respectively. Overall, Crown’s total normalized revenue rose 0.9% to A$194.1 million (US$138.9 million).