According to official figures from the Gaming Inspection And Coordination Bureau regulator, April represented the ninth consecutive month of aggregated gross gaming revenues rises for the casino industry in the former Portuguese enclave while combined takings since the start of the January have increased by 13.8% year-on-year to stand at US$ 10.44 billion.
Macau had been suffering through 26 months of year-on-year declines in aggregated gross gaming revenues until August saw casinos in the city post a 1.1% boost to US$ 2.35 billion while September’s figure of US$ 2.29 billion represented a swell of 7.4%. This trend continued in October with an 8.8% improvement to US$ 2.72 billion before being surpassed by a 14.4% advance to US$ 2.34 billion in November.
December’s aggregated gross gaming revenues subsequently grew by 8% year-on-year to US$ 2.47 billion while combined takings in January rose by 3.1% to reach nearly US$ 2.41 billion before February saw a 17.8% escalation to US$ 2.87 billion.
However, these
were all topped in March when the industry, which includes over 30 casinos such
as the Wynn Macau development from Wynn Resorts Limited and Asian giant Melco
Resorts And Entertainment Limited’s Studio City Macau and City Of Dreams Macau
properties, recorded its highest average daily takings for a non-holiday period
in two years and saw aggregated gross gaming revenues grow by 18.1%
year-on-year to hit US$ 2.65 billion.
Source: GMB / Worldcasinodirectory.com
