Macau’s accumulated casino gross gaming revenue (GGR) for full-year 2016 fell 3.3 percent compared to the tally for 2015, according to data released on Sunday by the city’s regulator, the Gaming Inspection and Coordination Bureau.
The city’s accumulated GGR for the 12 months of 2016 stood at MOP223.21 billion (US$27.95 billion), compared to MOP230.84 billion in 2015.
Despite 2016’s annual year-on-year GGR contraction – against a significantly diminished base of Macau GGR over the previous two years – the final five months of 2016 registered consecutive year-on-year improvements in the monthly tally of GGR.
Macau’s GGR for December 2016 rose by 8.0 percent year-on-year, to nearly MOP19.82 billion.
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”There’s been a 20 percent or 30 percent increase in our testing staff to handle globally the amount of extra work that we’ve got, and the Philippines and Macau have definitely contributed to that overall growth”
Chief commercial officer of testing and certification firm GLI