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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

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Mainland’s deterrents to gambling mean hard times for VIP gaming promoters

Nobel laureate tells Macau to diversify investment

Economist Robert Engle says investing in China is the city’s biggest risk

Sing Hou Entertainment aims to float shares in HK

Junket operator goes in search of capital as the VIP gaming market shrinks

Louis XIII casino-hotel due to open mid-2016

Developer expecting strong cash flow once the business is fully operational
Other Macau Latest News

Analyst predicts gaming supply-demand mismatch

Says simply building casinos no longer means gamblers will come and play

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Chinese high rollers holding back in the U.S. and Macau alike, analyst says

MTEL begins offering internet service in December

Company’s network now reaches over three-tenths of households in Macau

Govt to renew gaming regulation adviser’s contract

David Green consultancy to keep doing the job it has been doing since 2000

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