Off the wire
• Emerging markets to see net capital outflow in 27 years: report  • Roundup: China-Mexico ties hold great potential: envoy  • Player jailed for 1 year for breaking opponent's leg  • Indonesia refuses help offered by Singapore to deal with haze: MEWR  • Roundup: S. Korea's consumer price inflation stays at zero level for 10 months  • Backgrounder: Major school shootings in U.S. since 1999  • China's railways report record daily passenger volume  • 1st Ld-Writethru: China to tighten controls on overseas UnionPay cash withdrawals  • Roundup: S.Korea keeps longest current account surplus for 42 months  • Turkey calls on Russia to end military operations in Syria  
You are here: 　 Home

Macao's gaming revenue down 33 pct in Sept.

Xinhua, October 2, 2015 Adjust font size:

Macao's gross gaming revenue in September fell 33 percent year-on-year to 17.13 billion patacas ( 2.2 billion U.S. dollars), according to the latest figures from the industry regulator, the city's Gaming Inspection and Coordination Bureau.

The industry suffered the 16th consecutive monthly income decrease, but the drop narrowed by 2.5 percent from August, the figure indicated.

Macao generated 176 billion patacas (22 billion U.S. dollars) from casinos for the past eight months, a decline of 36.2 percent compared with the same period a year before.

Macao has seen a noticeable drop in gaming revenues since last June, with its gross domestic product shrinking by about a quarter in the first half of the year.

The government has implemented an austerity plan in early September as the monthly gaming revenue dipped below the "red line " of 20 billion patacas (2.48 billion U.S. dollars) which was stipulated in 2015 Budget Amendment Law. Endi