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Macau's gambling revenue up 12% in Jun

Jul. 3, 2012 (China Knowledge) - Macau, the only place in China where casino gambling is legal, saw its gambling revenue reach MOP23.33 billion in June 2012, reflecting a YoY increase of only 12%, according to the city's Gaming Inspection and Coordination Bureau.

The gambling revenue last month was the lowest level since November 2011 when the city recorded MOP 23 billion in gambling revenue, although the growth rate showed a rebound from the 7.3% increase in May.
In the first six months of 2012, Macau's gambling revenue grew 20% from a year earlier to MOP148.7 billion. The revenue increase was principally boosted by increased tourists from mainland China, but the growth has been slowing down, said analysts.

In 2011, the city's gambling revenue reached MOP267.87 billion or US$33.47 billion, up 42% from the previous year.

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