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Macau Posts Impressive November Financials

The world's largest gambling market continued to get larger in November as Macau announced that gambling revenue rose 33% from the same period last year.

The Chinese island posted gaming revenues of 23.05 patacas ($2.88 billion USD). The numbers show a 14% decrease from the month of October, perhaps foreshadowing a slowing of the gambling mecca.

Year to date, Macau's gaming revenues are up 44.1% from the same period last year, accounting for 244.25 billion patacas ($30.53 billion USD).

Macau boasts 34 casinos with 15,900 slot machines and 5,379 game tables, according to the Gaming and Inspection and Coordination Bureau of Macau.

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