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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

Jimei boss fails to buy all of Sinogreen Energy

Owners of 0.005 pct of Sinogreen Energy stock accept mandatory cash offer

Analyst predicts US$100 bln casino market in 2020

But Wells Fargo’s Cameron McKnight says Macau must first deal with ‘issues’

Baccarat no longer quite the money-spinner it was

Casino takings from the VIP and mass markets for the game dwindle in Q3

Sands China Q3 net profit ticks up to US$644.6 mln

But, in a sign of the times, the casino operator’s revenue drops slightly
Other Macau Latest News

Sands China staffing costs to top US$1 bln in 2014

But the boss is happy to pay employees more in a competitive labour market

Politician expects more delay in Japan casino bill

Says parliament unlikely to get round to legislating in its current session

Macau international trade fair begins on Thursday

Promoter expects 48 trade agreements to be signed during the four-day event

Middlemen differ on motives of Hengqin homebuyers

Some Macau people are looking for investments, others for a place to stay

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