Macau casino revenue increases in March

April 3, 2012 by Simon Liddle

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Gaming revenue generated by Macau’s casinos jumped 24.4 per cent in March, new figures show.
Macau Macau

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.

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Pansy Ho, MGM China’s co-chair, has warned that China’s restriction on visas to Hong Kong is damaging to Macau.

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The Balkan Entertainment and Gaming Exhibition in Sofia, Bulgaria, was Apex Gaming’s chosen platform for the launch of a new version of its Pinnacle upright cabinet featuring larger monitors.

Wynn reports improved income

A decline in revenue at its Macau property hit Wynn Resorts’ third-quarter results but the casino operator’s income was up on the previous year.

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