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.
Apex Gaming’s new iDrop cash management accounting solution created a great deal of interest at the recent G2E Las Vegas show, company founder and CEO Johannes Weissengruber said.
Caesars Entertainment is reported to be planning to build a $1bn casino resort in the Philippines.
With an estimated US$105m investment, the new Ocean Sun Casino is an ambitious project in Panama.
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