Macau casino revenue increased by 12.2% y-o-y in June

Volanta

On a month-on-month basis, revenue fell 11%

Titulo

Macau casino revenue increased by 12.2% y-o-y in June

Archivo de imagen (URL)

Epígrafe

Overall, the growth momentum in casino revenue has already stalled in the past few months.
Macau
 | 04/07/2012

Sumario

(Macau).- The Gaming Inspection and Coordination Bureau published the latest figures for the gross revenue from Macau’s casinos. Gross casino revenue amounted to us$ 2.87 billion, an increase of 12.2% from a year earlier, a decent rebound from 7.3% yoy in May, but still a pretty slow growth rate compared to the previous few years.

Cuerpo

On a month-on-month basis, revenue fell by about 11%, although this could largely be explained by seasonality. 

Overall, the growth momentum in casino revenue has already stalled in the past few months.

The chart below shows the year-on-year growth in Macau gaming revenue with China’s GDP. 

Fuente

Yogonet.com / Business Insider

Related News