Macau revenue up 25.9 percent in June

Figures for June 2017 released Saturday by the Macau Gaming Inspection and Coordination Bureau show that revenues climbed 25.9 percent to 20 billion patacas, slightly short of analyst expectations amid fears of increasing regulatory clampdowns on the gambling island.

The rise follows a 24 percent increase in revenues recorded in May 2017 (see previous report.)

Analysts said the June increase is the highest since February 2014, and that last June revenues were at the lowest since 2010 as Macau struggled to prosper against a backdrop of a central government crackdown on anti-corruption and ostenatious spending, along with a slowing Chinese economy.

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