Macau GGR down 12% month-on-month to $2.2 billion in June

Macau GGR down 12% month-on-month to $2.2 billion in June

Article brief provided by Inside Asian Gaming
  • Ben Blaschke, Inside Asian Gaming
July 1, 2024 2:39 PM
  • Ben Blaschke, Inside Asian Gaming

Macau’s casino operators generated gross gaming revenue of MOP$17.7 billion (US$2.20 billion) in June, up 16.4% year-on-year but down 12.4% compared with the MOP$20.2 billion (US$2.52 billion) recorded in May, according to figures from the Gaming Inspection and Coordination Bureau (DICJ)

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This was the lowest monthly GGR figure since November 2023 but was not unexpected, with analysts having warned in recent weeks that June’s revenue figures would be affected by seasonality given the traditional post-“May Day” holiday slowdown.

The impact of the UEFA Euro 2024 football tournament currently taking place in Germany, combined with a low VIP win rate in Macau’s casinos, have also been cited as reasons for a slow few weeks.