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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

Gambling debtors blacklist website boss prosecuted

Operator is accused of breaking the law on the protection of personal data

Cultural Industries Fund graft suspicions probed

Fund head says suspicions are unconfirmed, avoids pointing accusing finger

ICBC putting another US$360 mln into Macau unit

Parent bank expects to maintain its stake in its Macau arm at 89.33 pct

Dairy Farm acquires Macau’s San Miu Supermarket

New owner sees chain complementing businesses it already has in the city
Other Macau Latest News

Govt seeks bigger ROI of money in fiscal reserve

Thinks investment in China Development Bank, Guangdong may do the trick

Dog track boss appeals to govt’s sense of history

Angela Leong says greyhound racing concession renewal yet to be discussed

CEM net profit rises 4.6 pct to MOP608 mln in 2014

Electricity utility spends MOP539 mln on making network bigger and better

2014 VIP gaming market leader still out in front

Deutsche Bank says Galaxy Entertainment had 26 pct in January and February

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1. Galaxy Entertainment HK$10.3 bln in profit in 2014
2. VIP gaming shrinking disproportionately in Macau
3. Gearing up for more growth
4. Mainland career doesn’t quite add up
5. The plot thickens
 
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