Breaking News: Casinos 30pct down in December, 2.5pct over the year – report

Macau’s casinos are going to end December with a year-on-year fall of somewhere between 30% and 32% and an annual drop of about 2.5% compared with 2013, operator data collected by MDT/Lusa showed today.

Using data collected from Sands China and Galaxy Resorts between 1 and 26 December, the report predicts that the casinos will have takings of between MOP22.7 billion and 23.3 billion.

If the projection is confirmed at the end of the year, this means they will end the year between 2.7% and 2.5% down on last year with takings of MOP350.9 billion to MOP351.5 billion.

The region’s casinos have seen takings slip since June with the biggest dip coming on October when the annualized fall was 23.2% compared with the same month in 2013.

MDT/Lusa

Categories Business Macau