GGRAsia – Macau GGR falls 2.6 pct in 2014: official

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()

Macau GGR falls 2.6 pct in 2014: official

Jan 02, 2015 Newsdesk Latest News, Macau, Top of the deck

Macau GGR falls 2.6 pct in 2014: official

Macau’s full-year 2014 gross gaming revenue (GGR) fell 2.6 percent compared to 2013 according to data disclosed on Friday by the local regulator, the Gaming Inspection and Coordination Bureau.

The city produced MOP351.52 billion (US$44.0 billion) in GGR in 2014.

It was on the back of a December tally that fell 30.4 percent year-on-year to MOP23.29 billion.

Up to November 31, the market had been almost flat year-on-year, at 0.3 percent expansion for the calendar year.

Until the end of May, Macau had been on course in 2014 for double-digit percentage growth. February produced a whopping 40.3 percent year-on-year expansion.

But the numbers started to head south in June. Investment analysts attributed that mainly to the political situation in mainland China, where an anti-corruption campaign had the added side effect of inhibiting high stakes play in Macau by Chinese players.

Related articles

VIP share slips 23pct in 4Q, mass...
Jan 16, 2020
Wynn Macau alarmed its name used in...
Jan 09, 2020

More news

Mainland China individual traveller...
Jan 28, 2020
Macau CNY tourism collapse amid...
Jan 28, 2020

Mainland China individual traveller scheme to Macau stopped

Mainland China individual traveller scheme to Macau stopped

Jan 28, 2020

The authorities in mainland China have stopped issuing individual travel visas for visits to Macau by mainland residents, it was announced on Tuesday. Investment analysts have previously noted that...

Macau CNY tourism collapse amid coronavirus: analysts

Macau CNY tourism collapse amid coronavirus: analysts

Jan 28, 2020

Board shuffle at casino group Crown Resorts

Board shuffle at casino group Crown Resorts

Jan 24, 2020

Okada Manila scale an edge in city’s casino market: COO
Dec 31, 2019

The scale of the land plot at Philippine casino resort...
Incheon seeks to expand casino cluster to counter Japan
Dec 11, 2019

The Incheon Free Economic Zone (IFEZ) Authority in South...
Suncity Manila casino not a threat: Travellers EVP
Dec 09, 2019

Macau junket brand Suncity’s move toward being a casino...
Nagasaki fully backs Sasebo IR location: vice governor
Nov 06, 2019

A senior official of Japan’s Nagasaki prefecture has...
NagaCorp open to new development opportunities: chairman
Jul 15, 2019

Hong Kong-listed casino operator and developer NagaCorp Ltd...