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.
Novomatic, Europe’s largest integrated gaming group, is now a member of three of the world’s most important lottery associations.
Australia’s competition watchdog has raised concerns about the purchase of a Cairns resort by the backers of a controversial hotel and casino complex in the region.
Crown Resorts is teaming up with Chinese property developer Greenland Holdings to pursue the Brisbane casino licence at the Queen’s Wharf.
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