$ £

Macau Revenues Finally Show Positive Trend

The world's largest gambling market is on the rebound, as Macau's casino revenues were up 1.1% from the same period last year, the first positive growth for the destination since 2014.

For the month, gambling revenues were 18.8 billion patacas ($2.4 billion USD), and were on the upper end of predictions by gaming analysts. The former Portuguese colony had been experiencing a large drop in gaming revenues due to a Chinese crackdown on corruption and extravagance, which lowered the number of VIP players coming in.

The revenues have grown as more summer traffic saw travelers coming to Macau, as the casinos there have begun catering to the middle-class market to offset the loss of VIP players.

1 reply • Last post


Fortune HunterFortune Hunter
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 1543
Thanks given: 288
Thanks received: 91
13 September 2016 - 9:26pm

So it's a great sign for the land based business I guess, not only in Macau but I think in Atlantic City and Nevada the results were positive lately so I guess these are all good signs for brick and mortar casinos.

Post new comment

Have something to say? Agree or disagree? Tell us what you think!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.

Share this