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Macau Casinos Down Once Again While Nevada Casinos Begin to Thrive

Related Topics: Macau, Casino, Nevada, Las Vegas Sands

Concerns continue for casino operators in Macau as January marked the 20th straight month that gross gaming revenues (GGR) declined when compared to the same month a year ago.

According to a report released by the Gaming Inspection and Coordination Bureau, Macau casinos recorded MOP 18.67 billion ($2.33 billion) in GGR during Jan. 2016, representing a 21.4-percent decline from the MOP 23.75 billion ($2.97 billion) in GGR in Jan. 2015.

This is on top of the fact that last year declined by a high 34.3 percent when compared to the year before with casinos recognizing MOP 230.