International edition
October 18, 2021

Greek Mythology and Grand Waldo, the most affected

Revenue decline in nine Macau’s casinos in first half of 2012

(Macau).- Nine casinos saw their gross gaming revenues plunge year-on-year in the first half of this year, according to data reviewed by Portuguese-language newspaper Jornal Tribuna de Macau. The most affected facilities were the Greek Mythology and Grand Waldo casinos, the report says.

G

reek Mythology’s gross revenues reached us$ 239 million, down by 46 percent year-on-year. The Greek Mythology, one of SJM Holdings’s third-party promoted casinos, was recently involved in a shareholder battle over the control of the property.

According to previous reports by our sister publication Business Daily, an agreement to solve the dispute was reached earlier this month.

Between January and June, Grand Waldo, operating under Galaxy Entertainment Group Ltd’s gaming licence, posted gross revenues of us$ 29.7 million, down by 62 percent from one year before.

Currently, there are 36 casinos in Macau – the latest opened last week at Sands Cotai Central.

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