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Macau Casinos Record a Five-Year Low in Gross Gaming Revenue

Related Topics: Macau, Casino, Revenue, September, The Troubles

Troubles continue to mount for casinos in Macau, as September's Gross Gaming Revenue (GGR) was the lowest recorded by the city's casinos in five years.

According to data published by Macau's Gaming Inspection and Coordination Bureau, casinos in the city recognized a combined GGR in September 2015 of MOP 176.02 billion ($22.05 billion), representing a 36.2-percent decline when compared to September 2014 and a 2.5-percent drop when compared to August 2015.

The gaming market also looks stark when looking at the third quarter of this year when compared to the same period last year, with revenues dropping by 34.