he year-on-year growth rate for accumulated gross revenues in the first five months of the year was the lowest rate seen this year, falling from a maximum of 34.8 % in January, 28.3 % in February, 27 % in March, and 25.7 percent in April. In May, gaming and gambling provided gross revenues of us$ 3.259 billion, which represented growth of 7.3 percent year-on-year.
According to figures published by the GICB this was the lowest monthly rate of growth since July, 2009, although it was the second-highest monthly revenue since October 2011.
At the end of the first quarter of 2011 there were 34 casinos in Macau, 20 of which were owned by Sociedade de Jogos de Macau, three by Venetian Macau, five by Galaxy Casino, three by Melco/PBL Jogos (Macau) and one each by Wynn Resorts and MGM Grand Paradise.
On 11 April Sands Cotai Central, a new resort owned by US gaming and gambling concession holder Las Vegas Sands, opened in Macau with two casinos an around 400 gaming tables and 800 slot machines.