GGR fell by 32.3% in the month to USD 2.1B
Macau November revenues fall by over a third
November revenues for Macau fell again making it the 18th consecutive fall in revenues for the world’s largest gambling zone.
2015-12-01
Reading time 27 seg
November revenues for Macau fell again making it the 18th consecutive fall in revenues for the world’s largest gambling zone.
The Macau’s Gaming Inspection and Coordination Bureau reported that the fall was larger than expected most analyst’s had expected it to be around 31%. Gross gaming revenues fell by 32.3% in the month to $2.1 billion
Numbers also showed that the city’s economy shrank by 24.2% year-on-year during three months to September, the city’s Statistics and Census Service said.
“Economic contraction in the third quarter was attributable to the continuous decline in exports of services, of which exports of gaming services decreased by 37.4% year-on-year and exports of other tourism services dropped by 15.3%,” it said.
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