Macau has recorded its lowest level of gross gaming revenue this year, with MOP17.69 billion (US$2.21 billion) made in June.
Despite an expected drop in GGR, the figure is still up 16.4 percent compared to June last year, the city’s gaming watchdog, the Gaming Inspection and Coordination Bureau, indicated.
As much as MOP113.75 billion has been generated in the first half of the year, 41.9 percent more than in the January to June period of 2023. This year’s first-semester tally accounts for 52.3 percent of the annual target set by the Macau government.
J.P. Morgan analysts said previously that they had recorded the lowest run-rate in at least six months due to a number of factors such as a post-holiday slowdown, the ongoing UEFA European Football Championship, and the seasonal trend.
