By SectorWire desk · · Updated
Macau casino gross gaming revenue fell 1.2% year on year in August, citing government data. Revenue totalled just over MOP21.89bn (US$2.71bn).
The annual decline gives operators and investors a measure of Macau casino revenue performance in August.
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Macau’s fourth successive month of annual revenue declines signals continued revenue contraction for casino operators and investors.
DICJ defended the existing framework without committing to requested changes to junket exclusivity rules or commission taxation.
Operators recorded monthly revenue growth and higher cumulative receipts despite August’s annual decline.
The approval admits Acres to Macau’s regulated gaming equipment supplier market.
The approval gives Acres access to Macau’s casino technology market.
The approval advances Interblock’s planned Macau product introduction.