Macau casino revenue drop doesn’t mean sky is falling By Muhammad Cohen, Forbes February 2, 2019 at 9:33 am Macau casino revenue fell in January, the first year on year decrease since July 2016. The 5 percent decline to US$3.1 billion doesn’t mean Macau has begun a replay of the 2014-2016 slump that cratered casino revenue by 36 percent. For 2019, expect a lower octane gaming market in line with the slower growing mainland Chinese economy in a Macau transforming into destination that can profit from more than just gambling. Going down 5 percent “wasn’t THAT bad,” JPMorgan head of Asia gaming, lodging and leisure DS Kim writes in a research note. Kim adds that January marks a third consecutive month Macau gaming revenue has beaten expectations; the January consensus forecast was a drop of 9 percent consensus.