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ISSUE 118 - Feb 2014
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Decline
Growth above 10 percent
Growth from 0 to 10 percent
Stagnation
 
 

New gaming revenue record in Macau


Posted: 11/1/2013 12:57:34 PM
Rating:     0% ( votes)
  

Casinos in Macau have set a new record for monthly gross gaming revenue.

With a gross revenue of MOP36.5 billion (US$4.6 billion), October’s take by Macau’s casinos surpassed the MOP31.3 billion record set in March, according to data from the Gaming Inspection and Coordination Bureau.

Casino gross gaming revenue in October was up 31.7 percent year-on-year, the highest growth rate registered so far in 2013.

The total casino gross gaming revenue for the first 10 months of 2013 was up 18.4 percent year-on-year to MOP297.1 billion.



Headlines

Galaxy Entertainment H1 net profit hits HK$6 bln

Revenue grows 25 pct to HK$38.4 bln, EBITDA increases 26 pct to HK$7.3 bln

Chui aiming to force hand of casinos on purchasing

Will try to make gaming companies, govt depts buy supplies made in Macau

Chui would curb gaming growth in second term

Chief executive’s re-election manifesto envisages a more diverse economy

Demonstrators hand trade union’s demands to SJM

Company accepts Forefront of Macau Gaming letter calling for higher pay
Other Macau Latest News

Workers demonstrate outside Grand Lisboa

SJM employees march round the casino-hotel, whistling demand for higher pay

August 1-17 table revenue estimate MOP15.9 bln

Sterne Agee says casino revenue run-rate 1.5 pct less than a year earlier

Average visitor spends MOP2,141 in Macau in Q2

Visitors staying overnight spend more per head, but day-trippers spend less

Macau banks take on more intl business in Q2

Intl assets grow to MOP1,018.9 bln, intl liabilities grow to MOP968.4 bln

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