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Macau Casinos Experience Worst Month Since September 2012

In March 2015, Macau-based casinos experienced their worst month since September 2012, as the city's Statistics and Census Service reported a total of 2.27 million visitors hitting the resorts.

According to GGR Asia, this represents a 13.5-percent year-over-year decline when compared to the number of visitors attending casinos in Macau in March 2014. Perhaps even more alarming to the industry is the reported 39.4-percent decline in year-over-year gross gaming revenues with approximately MOP 21.49 billion (US$2.69 billion) realized by the city's casinos in March 2015.

This makes 10 straight months of gaming revenue declining for Macau's casinos, following five straight years of monthly increases, along with more than a decade of steady growth.