Gaming revenue up by 12 percent in May

Macau’s gaming industry revenue increased by 12.1 percent year-on-year to MOP25.49 billion patacas (around USD3.16 billion) in May, the gaming industry watchdog announced.

The Gaming Inspection and Coordination Bureau released the latest data on Friday, indicating that the fifth month of this year consolidated a growth trend, as the rate of increase rose from 5.7 percent in February to 22.2 percent in March, 27.6 percent in April, and 12.1 percent in May.

The accumulated revenue for 2018 has reached MOP127.73 billion (USD15.81 billion) so far; 20.1 percent higher than the same period in 2017.

Macau’s monthly gaming revenue registered a 1.1-percent year-on-year rise in August 2016, ending a 26-month slump of the industry. Since then, monthly revenue has continued to record year-on- year growth, with May recording the 22nd consecutive monthly rebound.

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