China’s casino indicator still weak

Macau casino revenue reached a record high, but growth remains sluggish.

Casino revenue in October reached MOP27.7 billion, 3.2% higher than the same month a year ago according to Gaming Inspection and Coordination Bureau of Macau. This is much slower than the 12.3% yoy growth in September.

On a month-on-month basis, revenue increased by 16.1% in October compared with September as the Golden week holiday in the mainland of China took place, but the month-on-month increase in October of this year is considerably less than the average increase in Octobers of around 24%.

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