Macau June gaming revenue reaches MOP21.06bn as analysts assess closures
Macau recorded MOP21.06 billion in June gaming revenue, up 19% year on year, while first-half revenue rose 4%, according to official data cited by CreditSights analysts. The analysts said planned satellite casino closures were unlikely to have a significant sector impact, as gaming tables could move to other properties; SJM plans to close seven satellite casinos by 31 December.
The closures and potential table relocations affect casino operators’ property portfolios and Macau’s gaming capacity.