Macau slot draw down accelerates

 

Nearly 1,100 slot machines were removed from service during the second quarter, according to Gaming Inspection and Coordination Bureau statistics. The agency counted 15,310 in use as of June 30, down 10.1 percent from the peak of 17,035 registered a year earlier. The agency counted 16,406 machines as of March 31. Despite the drop, gross slot revenues rose 6.2 percent from a year earlier to 3.49 billion patacas ($446 million), though that was down from the previous two quarters.

Gross VIP baccarat revenues meanwhile rose 11.2 percent to 58.03 billion patacas. Mass market table revenues rose 30 percent to 24.65 billion patacas. Macau casinos ended the second quarter with 5,746 tables, down three from a quarter before.