For 24 straight months, gross gaming revenue (GGR) in Macau has declined when compared to the same month one year ago, according to the latest statistics provided by the city's gaming regulator, the Gaming Inspection and Coordination Bureau.
Macau casinos reported 18.39 billion Macau Patacas (MOP) ($2.3 billion) in GGR in May 2016, representing a sharp 9.6-percent decline from the MOP 20.35 billion ($2.5 billion) reported the same period a year ago.
The decline is even more steep when looking at figures on a year-to-date basis. Macau casinos recorded MOP 91.91 billion Macau Pacatas ($11.