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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

Eight casinos make three-quarters of H1 revenue

The Galaxy Macau rakes in most gaming revenue, followed by the Wynn Macau

Water utility sees no sign of increase in its fee

Macao Water Supply suspects govt will deny the company the amount it wants

Union Gaming Research differs on MGM Resorts

Thinks market is wrong about relative performance in Las Vegas and Macau

Govt halts building work on Parisian casino-resort

Says developer has permission only to undertake earthworks on the site
Other Macau Latest News

Morgan Stanley expects VIP gaming to recover in H2

Says better mainland economy, more junket money and less football will help

NPC deputy’s company to invest heavily in Hengqin

Developer led by Lao Ngai Leong to build multimedia production centre

Govt spends MOP2.2 bln on social welfare in 2013

Welfare bill increases 68.3 pct as people get older, demand more benefits

Macau, mainland to cooperate on money laundering

Take opportunity presented by Asia-Pacific meeting to agree on memorandum

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