Macau casino revenue increases in March
Gaming revenue generated by Macau’s casinos jumped 24.4 per cent in March, new figures show.
The Chinese enclave’s Gaming Inspection and Coordination Bureau reported that casino gaming revenues reached MOP24.9bn ($3.1bn) last month, compared with MOP20bn a year earlier.
So far this year, Macau’s casinos have generated revenues of MOP74.3bn – 27 per cent higher than at the same stage in 2011.
It is believed the rise in revenue is due to an increase in the number of Chinese tourists visiting the enclave.
Systems company DRGT has appointed Koen De Wispelaere as CFO.
Illinois Rep Bob Rita has introduced House Bill 2939, which would authorise the Illinois Gaming Board to develop a casino in Chicago and appoint an operator to run it.
As a result of the poor market situation in Macau, SJM Holdings’ gaming revenue fell 8.8 per cent in 2014 to HK$79.2bn (US$10.2bn), while net profit fell 12.7 per cent to HK$6.73bn.
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