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Macau gambling revenues dive as punters bet on World Cup

Gaming revenues at Macau casinos dropped in June, the first monthly fall in five years as punters switched their focus from baccarat tables to the Brazil World Cup.

Gross revenues from “games of fortune” in the former Portuguese colony sank 3.7 per cent last month from a year earlier, compared with a 9.3 per cent rise in May. The monthly revenue figure had not contracted since 2009.

Analysts attributed the fall to a range of factors, including the start of the football World Cup on June 12, which has drawn attention away from gaming tables, and a recent ban on smoking on casino floors.

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