By SectorWire desk ·
The report said that Macau casino revenue reached MOP20.26bn in July, down 8.4% from a year earlier. Gaming Inspection and Coordination Bureau figures showed an increase from June despite the annual decline.
July casino revenue improved on June while remaining below the previous year’s level.
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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.
The annual decline gives operators and investors a measure of Macau casino revenue performance in August.
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.