In September they had slowest growth rate registered so far since January
Macau gaming revenue growth slows down
(Macau).- Casino monthly gross gaming revenue growth has slow downed. In September, Macau’s casinos take stood at us$ 2.66 billion, according to data from the Gaming Inspection and Coordination Bureau.
2011-10-07
Reading time 28 seg
(Macau).- Casino monthly gross gaming revenue growth has slow downed. In September, Macau’s casinos take stood at us$ 2.66 billion, according to data from the Gaming Inspection and Coordination Bureau.
Casino gross gaming revenue in September was up 38.8 % year-on-year, the slowest growth rate registered so far since January, when the rate stood at 33.2 percent.
The slowdown comes at a time when fears are mounting that a potential soft-landing in the mainland could lead to a credit squeeze for VIP junkets. The total casino gross gaming revenue for the first nine months of 2011 was up 45.9 percent year-on-year to us$ 23.9 billion.
That is already more than the us$ 23.1 billion the industry posted in overall 2010.
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