Macau gaming revenue falls 3.3% in 2016 for the 3rd year in a row. Gaming revenue fell to MOP 223.2 billion (US$28.0 billion) in 2016, according to government data. However, December revenue rose 8% from a year earlier to MOP 19.8 billion (US$2.48 billion). It’s the 5th consecutive monthly rise in gaming revenues since June 2014. Analysts surveyed by Bloomberg expect a 7% increase in gaming revenue in 2017. The latest wave of casino properties are set to open in Macau starting in 2017, with The 13 and MGM, followed by SJM’s casino in 2018. To date, there are 37 casinos in Macau.