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