..

Macau Gambling Revenue Surges to $23B in 2010

Written by:
Guest
Published on:
Jan/03/2011

HONG KONG — (Associated Press) - Macau's government says casino gambling revenue surged by more than half in 2010, solidifying its rank as the world's biggest gambling market.

Data posted on a government website Monday showed that casino revenue totaled 188.34 billion patacas ($23.52 billion) last year. That's 57.8 percent higher than the 119.37 billion patacas reported in 2009.

Macau's economy has boomed after a casino monopoly was broken up nearly a decade ago and the market opened up to foreign operators. The former Portuguese colony on the southern coast of China is now the world's most lucrative gambling market. Macau is the only place in China where gambling is legal and casino profits have been boosted by high-spending gamblers visiting from the Chinese mainland

Business/Financial News

Businesses That Have Survived Rough Times

Businesses That Have Survived Rough Times

If you have an online iGaming project and you also want to expand it with sports betting, then it’s important to have high-functioning sportsbook software. Well, the aim of any gambling or betting site is to attract as many players as possible by providing them the best experience possible.

Bitcoin Site Goes Dark After Apparent Hacking

Bitcoin Site Goes Dark After Apparent Hacking

Bitcoin.org, the website that was once the main landing portal for all things Bitcoin, today suffered an embarrassing hack that has already cost naive BTC users money.

Bitcoin, Ether Slump as Market Selloff Widens

Bitcoin, Ether Slump as Market Selloff Widens

Cryptocurrency prices sank on Monday as concerns over the spillover risk to the global economy from Chinese property group Evergrande's (3333.HK) troubles spread across financial markets.

The Online Casino Bookie

If you are ready to join the sports betting business, then make sure to do it right, with the right help and tools, so that you can make sure to get the best results out of it. With Price per Head, you get a golden chance to have full backup and support from a fully operative sportsbook company, with all the best tools and services, and for the lowest price and risk possible. 

Hungary: Statue Honoring Mysterious Bitcoin Founder Unveiled

Hungary: Statue Honoring Mysterious Bitcoin Founder Unveiled

An imposing bronze statue was unveiled in Hungary’s capital on Thursday which its creators say is the first in the world to pay homage to the anonymous creator of the Bitcoin digital currency.

Syndicate