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.
IGT, one of the world’s largest gaming companies, saw revenues fall 15 per cent in the three months to March 31.
Russian President Vladimir Putin has introduced a bill to allow casinos in Crimea.
Targeted marketing to East Asian customers has become particularly important in recent years as Atlantic City casinos look for ways to compete in an ever-expanding market.
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