Macau casino revenue rises for ninth straight month

Macau casinos’ gaming revenue enjoyed double-digit growth in April, extending the gambling hub’s revenue winning streak.

Figures released Monday by Macau’s Gaming Inspection and Coordination Bureau (DICJ) show market-wide gaming revenue rising 16.3% year-on-year to MOP 20.16b (US $2.5b). For the year-to-date, Macau’s gaming revenue totals MOP 83.64b, up 13.8% over the same period last year.

April’s percentage gain and overall revenue figure were both smaller than those posted in February and March but the gains nonetheless extended Macau’s current winning streak to nine straight months of year-on-year improvements after a two-year-plus stretch of negative monthly numbers.

Last week brought Q1 reports from three Macau operators – Las Vegas Sands, MGM Resorts and Wynn Resorts – all of whom reported positive growth at their Macau operations.