Macau’s casino gaming receipts rose 22.1 percent to 26.63 billion patacas (US3.31 billion) in October, according to data released by Macau’s Gaming Inspection and Coordination Bureau on Wednesday.
The October result is the 15th consecutive month of year-on-year growth in the market and the highest in three years.
Casino revenue for the first 10 months of 2017 stood at nearly 220 billion patacas (US27.5 billion), up 19.2 percent from the prior-year period, according to the official data.
The gains in casino revenue, the highest since October 2014, come as Las Vegas Sands Corp. is set to spend USD$1.1 billion to renovate a resort into a London-themed attraction and MGM Resorts International gears up to debut a US$3.3 billion property in Cotai.
