Tag Archives: GGR
China – Trade war continues to weigh Macau down despite growth
Macau’s gross gaming revenue was back to growth in May when GGR came in at MOP$25.95bn (US$3.22bn), marking growth of 1.8 per cent year-on-year and reaching a five month high. Boosted by the Labor Day holiday and improved luck in the VIP sector, the figure marked a 10 per cent increase from April 2019’s revenue….
Chile – Casino revenue reaches US$61m in December in Chile
The gaming casino industry in Chile, made up of the 18 gaming casinos authorised by Law No. 19.995 and the seven municipal casino license, registered gross gaming revenues (win) during December 2018, of $39,873m (approximately US$ 61m), a real monthly variation of 0.6 per cent compared to the same month of the previous year, while…
China – Macau’s October revenues hit four year high
Macau’s GGR has reached its highest amount since October 2014 with revenue increasing by 2.6 per cent from a year earlier in October to 27.3bn ($3.38bn), according to Macau’s Gaming Inspection and Coordination bureau. October represented the 27th straight month of revenue growth in Macau although growth has slowed since the second quarter with the…
China – August marks 25 months of growth for Macau
Casino revenue surged in Macau in August, increasing by 17.1 per cent to MOP$26.6bn, marking the second best revenue earning month of the year after February. August marked the 25th month of consecutive growth in Macau with the year’s total reaching MOP$202.1bn, representing a year-on-year increase of 17.5 per cent. Union Gaming analyst Grant Govertsen…
US – Nevada celebrates seventh year of growth out of eight
A year of ‘widespread growth’ was welcomed by the Nevada Gaming Control Board who said that all 16 of the markets it regulates reported revenue increases over the last year for the first time in 18 years. Nevada’s GGR increased by 3.2 per cent during the year ending June 30, reaching $11.8bn with the Strip…
China – Macau records 21st month of increases in April
Macau’s casino revenue increased by 28 per cent in April completing the territory’s 21st month of consecutive revenue rises. Macau’s Gaming Inspection and Coordination bureau confirmed that revenues surged by 27.6 per cent to 25.73bn patacas ($3.18bn) outpacing analyst predictions of an 18 to 22 per cent growth. Union Gaming Analyst Grant Govertsen said: “The…
Philippines – Philippines’ casinos six per cent GGR increase
The casino sector in the Philippines has reported that GGR increased year-on-year in the second quarter of 2017 by 6.5 per cent, surpassing P39.1bn (US$759m). The Philippine Amusement and Gaming Corporation (PAGCOR) said that online gaming generated a further P6.2bn giving a combined total of P45.3bn. The new casino resorts in Manila’s Entertainment City, including…
Cambodia – Gaming revenues up by 40 per cent at NagaWorld
Stable growth in the Cambodian economy helped NagaCorp, operator of NagaWorld, the entertainment centre of the Mekong Region in the Cambodian capital Phnom Penh, increase its GGR in the first half of the year by 40 per cent to US$386.8m. EBITDA increased 19 per cent whilst net profit increased by 20 per cent to US$150.6m….
China – March sees Macau’s biggest year-on-year gain for three years
March surpassed expectation for Macau’s casino revenue, which increased 18 per cent from a year ago, and represented Macau’s best month aside from holiday months for two years. March GGR came in at MOP21.2bn (US$2.65 bn) marking the biggest year on year gain since February 2014 when there was a 40 per cent increase to…
