Macau Casino Revenue up 44.6 Percent

Submitted by C Costigan on

Written by :

C Costigan

Published on :

(Reuters) - Casino revenue in Macau, the world's biggest gaming market, rose 44.6 percent in April to 20.5 billion patacas ($2.56 billion).

Accumulated revenue for the first four months of 2011 rose 43.3 percent 79.0 billion patacas, the Macau government said in a statement.

Macau's casino industry is booming on robust demand from gamblers from mainland China, which account for the bulk of the territory's visitors. The former Portuguese enclave is the only place in China where mainland Chinese can legally gamble. ($1 = 8.020 Macau Patacas)

Related Content

Bally's Halts Chicago Casino Construction as Company Reports  $792 million in Revenue....$4.5 billion in DEBT?

Bally's Halts Chicago Casino Construction as Company Reports $792 million in Revenue....$4.5 billion in DEBT?

The company reported roughly $265.9 million in negative operating cash flow during the first six months of the year.
Two Six Figure Jackpots in One Day Hit at Thunder Valley Casino Outside of Sacramento

Two Six Figure Jackpots in One Day Hit at Thunder Valley Casino Outside of Sacramento

Two six figure jackpots in one day and multiple jackpots hit over the course of a few weeks at a single Sacramento area casino.... We're talking the Thunder Valley Casino Resort, a mere 30 miles outside California's capital city.
RealPrize, Lone Star Sweepstakes Casinos Exit Delaware Market

RealPrize, Lone Star Sweepstakes Casinos Exit Delaware Market

Customers at RealPrize and LoneStar have until September 22, 2026 to withdraw all funds if they happen to reside in the state of Delaware.
Trial to Move Forward in MGM Grand Las Vegas Ketamine Case

Trial to Move Forward in MGM Grand Las Vegas Ketamine Case

Prominent sports agent Dwight Manley claims he was involuntarily drugged with ketamine while playing blackjack in the high-limit area of the MGM Grand in Las Vegas in December 2021.