VIP handles fell 44.45%, while bulk market declines fell 22.5%.

The company's biggest loss was Plaza Macao, whose net profit fell by 50%.

Sands isn't the only one whose numbers have plummeted. SJM Holdings Ltd reported a 46.5% YoY drop in profit today. Game sales fell 37.3% and were the driving force behind the decline, according to a press release released by the company.

SJM appears to be in line with the industry average for gambling mecca, which posted a 36.6% year-over-year hit overall in the first quarter. Ambrose So Shu Fai, CEO of SJM, offered hope to shareholders, saying in a statement, "However, SJM remains committed to maintaining the leadership position established on the Macau Peninsula as we proceed with the construction of Lisboa Palace in Cotai for completion in 2017 with an optimistic view of Macau's future."

SJM VIP sales down 44.4%, mass market sales down 27%.

Total sales for all game operators are now down for the 11th consecutive month. Wynn Resorts previously reported a 37.7% drop in net profit from its Macau operations in the first quarter of 2015. Galaxy Entertainment Group Reports Q1 Revenue Decline 32% YoY.

MGM China Holdings Ltd was expected to release their numbers today, but they did not appear as of press time. Melco Crown Entertainment Ltd is expected to submit their report on Thursday.

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