Endorsed by Gambling911

Macau Revenue Surges 40 Percent in February

Written by:

Aaron Goldstein

Published on:

Mar/03/2014

Macau Revenue Surges 40 Percent in February

(Reuters) - China's gambling hub Macau raked in 38 billion patacas ($4.8 billion) in gaming revenues in February, boosted by strong spending from wealthy punters during and after a week-long national holiday.

Gambling revenue growth in Macau, a special administrative region that is the only place in China where casinos are allowed, was up 40 percent in February, far ahead of analyst estimates of between 29-35 percent.

A Portuguese colony until 1999, Macau earns the equivalent of Las Vegas's annual haul in less than two months. Gambling revenues totalled $45 billion in 2013, elevating it high above rival gaming destinations.

Gambling News

Fish Arcades Net Two With More Than 800 Charges Filed

Law enforcement considers games to be illegal gambling while operators contend these are games of skill.

Indepth Look at How Ohtani's Interpreter Mizuhara Became Players' Lifeline

LA Dodgers super star player Shohei Ohtani became the center of a gambling scandal after it was reported his interpreter, Ippei Mizuhara, had committed a "massive theft", stealing $4.5 million from Ohtani's bank account in order to pay off a gambling debt.

Exploring the Best Online Casinos in Australia

Explore the world of internet gambling with the help of a well chosen guide written by gaming enthusiasts. This in-depth investigation examines the best Aussie gamers can play at online casinos, all of which have been screened for game selection, security, customer support, and special offers.

Chip Grabbing Felon Latest to Make the Infamous Vegas Black Book

Neal Ahmed Hearne is the latest name to be entered into the book.

NFL Reinstates Players Who Violated Gambling Policy

Quintez Cephus, C.J. Moore, Demetrius Taylor, Rashod Berry and Shaka Toney can now play once again though only one of the five is under contract with an NFL team.