Macau’s gaming revenue posted a 8.8% increase in October

Macau’s gaming revenue posted a 8.8% increase in October. Revenues in October reached US$ 2.73 billion. Macau’s gaming revenues are up for the 3th consecutive month. The results reverse a 26 month slump for Macau’s 38 casinos. Analysts forecast that gaming revenues will grow 11% in November.

29 Aug, 2016

Gaming revenue going up

Finally Macau’s gaming revenue is up after a 26-month fall. There was a 8.8% rise in gaming revenue in October. The third consecutive monthly increase. Revenue was MOP 21.8 billion (US$2.73 billion); According to government statistics. In the first 9 months of 2016 the gross revenue of Macau’s 38 casinos reached MOP 162.7 billion (US$20.34 … Continue reading "Gaming revenue going up"

29 Aug, 2016

Macau’s Cotai: A city within a city

In 2002, the Macau government ended a 40-year gaming monopoly held by Stanley Ho’s STDM and granted gaming concessions and later, subconcessions to a total of six operators. Today, on just 5.9 sq km of land, 4 gaming operators (soon to be 6) built mega-hotels, casinos and entertainment venues, as featured in this video.

29 Aug, 2016