..

Macau Gambling Revenue Up But Misses Estimates

Written by:
Reuters
Published on:
Feb/10/2014
Macau Gambling Revenue Up But Misses Estimates

(Reuters) - Macau, the world's casino capital, raked in 28.7 billion patacas ($3.6 billion) in gambling revenues for the first month of 2014, boosted by Chinese visitors flocking to the country's only legal casino hub ahead of a week-long national holiday.

Revenue growth in Macau, a special administrative region of China like neighbouring Hong Kong, was up 7 percent in January, the lowest growth rate since October 2012 and far below analyst estimates of 11-15 percent.

The former Portuguese colony, which earns the equivalent of Las Vegas's annual haul in less than two months, raked in $45 billion in 2013, elevating it above rival gaming destinations.

Gambling demand is seasonally subdued in Macau ahead of the Chinese New Year holiday, which started on Jan. 31, with many visitors saving their visits for the holiday period.

Gambling News

FanDuel Sportsbook News - Where Can I Bet on FanDuel?

FanDuel Sportsbook News - Where Can I Bet on FanDuel?

Here you will find all the most recent news pertaining to FanDuel Sportsbook.  The company initially began as an operator of daily fantasy sports and has since been acquired by Paddy Power to offer sports betting, both retail and mobile, in certain US states.  These currently include New Jersey and Pennsylvania. 

A Sportsbook in Cleveland?

A Sportsbook in Cleveland?

A new agreement will see JACK introducing the on-property sportsbook of Kambi at their Cleveland Casino venue as well as the Thistledown Racino assuming legislation ever passes to make sports betting legal in the state of Ohio.  With the deal, Kambi already has its foot in the door.

Start a Bookie Business Online With Under 50 Players

Start a Bookie Business Online With Under 50 Players

Pay Per Head companies the likes of RealBookies offer the opportunity to start your own bookie business with fewer than 50 players.  In theory, you can actually take advantage of their unique revenue-generating service with just a single player.  The more players you have, the more money you'll be making.

Start a Bookie Business With Just 10 Players or Fewer

With sports betting legalized by the US Supreme Court in 2018 you may be wondering if it is possible to start your own bookmaking business, and what if you have fewer than 10 players?  The answer is a resounding YES.

Find Sports Betting Near Birmingham AL

Those in and around the Birmingham, Alabama area can access online sportsbooks these days anonymously by merely providing a valid email address (full name and text for higher signup bonuses).  Retail sportsbooks are not available anywhere near Birmingham.

Syndicate