May 04, 2015 Newsdesk Latest News, Macau, Top of the deck  
Gross gaming revenue (GGR) in Macau fell 38.8 percent year-on-year in April to approximately MOP19.17 billion (US$2.40 billion) from approximately MOP31.32 billion in April 2014.
It extends to 11 months the year-on-year decline in the city’s monthly GGR tally.
The figures were given on Monday by the city’s casino regulator, the Gaming Inspection and Coordination Bureau.
The latest result means accumulated GGR for the first four months of 2015 stands 37.1 percent lower than in the same period in 2014, at approximately MOP83.94 billion, compared to an aggregate of MOP133.52 billion in the year-prior period.
A note on Friday from analysts Cameron McKnight, Rich Cummings and Tiffany Lee, of Wells Fargo Securities LLC, said the institution expected Macau’s May GGR to decline by 34 percent year-on-year.
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The first phase of the newly-rebranded Macau casino resort the Londoner Macao is to be launched on February 8, the property’s promoter Sands China Ltd, announced on Thursday. The company said the...
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"Our expansion from 2021 and beyond will create tremendous opportunities to team members”
Francis Lui Yiu Tung
Vice chairman of Macau-based casino operator Galaxy Entertainment