Macau Gambling Revenue Up 25.4 Percent in March Over Same Period Last Year

Submitted by Aaron Goldstein on

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Aaron Goldstein

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Macau gambling revenue was up 25.4 percent in March compared to the same period last year.

Government data indicated that the world’s largest gambling destination experienced a rise to $3.92 billion. 

Full year gambling revenue hit $38 billion last year.

Business from both mass-market and VIP, or high-stake gamblers, has been strong, RBC Capital Markets analyst John Kempf wrote in a March 25 note. 

Casino companies like Galaxy Entertainment and Sands China Ltd. have been expanding and adding rooms.

- Aaron Goldstein, Gambling911.com

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