Back to the Poker Newsfeed

Melco Crown to Diversify After Macau Casinos Decline for 25th Straight Month

The historic decline for Macau casinos has continued for the 25th straight month, according data provided by the Gaming Inspection and Coordination Bureau, the city's gaming regulator.

Macau casinos reported 15.9 billion Macau Patacas (MOP) ($2 billion) in gross gaming revenue (GGR) in June 2016, its lowest total in almost six years when in September 2010 the city's casinos recorded MOP 15.3 billion ($1.9 billion) in GGR.

June's GGR also suffered a 8.5-percent year-over-year decline from the MOP 17.4 billion ($2.2 billion) in GGR recorded during June 2015 and a more substantial 13.5-percent decline from the MOP 18.