Macau gambling revenue slips to eight-month low in June ...Middle East

Revenue from casinos in Macau amounted to MOP17.69bn (£1.74bn/€2.04bn/$2.20bn) in June, the lowest monthly total since November of last year. The June figure is 16.4% ahead of MOP15.21bn in the same month last year. However, this is the lowest growth rate Macau has reported so far in 2024. June’s total is also 14.1% behind the MOP20.19bn reported in May. Incidentally, May’s figure was the largest monthly total since before the pandemic, including the Labour Day Golden Week holiday which traditionally leads to a spike in visitation. June, according to analysts, is traditionally the weakest month for gaming in Macau. However there was still a consensus that revenue would rise at least 17.5%

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