News Snapshot:
It would seem like Macau’s woes never end. The special administrative region just posted the financial results of its gaming industry for June this year. The declining revenues make it very clear that the worst is far from over. Macau’s GGR Continues to Decline According to the results, Macau’s gross gaming revenues for June sit at around $307 million. Notably, this represents a 62.1% decline from Macau’s 2021 results. The Gaming Inspection and Coordination Bureau also noted that this is the lowest GGR since September 2020 when Macau only earned about $274 million in GGR. The suboptimal performance of the...
