Macau September revenues fall by 12%

Macau the world’s largest gambling hub has suffered its fourth consecutive revenue fall with September figures just released. Total revenues reported from Macau were $3.2 billion for the month a 12% fall from the same month in 2013.

The figure is the biggest fall in revenues since 2009, however the decline was expected to be in that region by most analyst’s. Most of the decline in revenues was put down to a fall in mass market customers along with VIP numbers still falling as mainland China continues its corruption hearings.

With Hong Kong seeing democracy demonstrations and with many gamblers either coming from or going to Hong Kong during their trips to Macau, it was expected that the revenues fall would be greater than normal.

Staff

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