Macau’s gaming revenue in June fell from previous month, missed expectations
DATA
Macau’s gaming revenue in June fell from previous month, missed expectations
DATA

Macau’s gaming revenue in June fell from previous month, missed expectations

 

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Macau’s gross gaming revenue surged 513% year over year to 15.2 billion patacas in June, according to the Gaming Inspection and Coordination Bureau.

The revenue was down 2.3% from the previous month and 36% lower than the same period in 2019, slightly missing estimates.

The gaming revenue in June slowed despite the Dragon Boat Festival holiday and high-profile concerts, a sign casinos face an increasingly challenging task in enticing visitors to spend money.