Asia
Macau gross gaming revenue to rise in October

Casino gross gaming revenue (GGR) in Macau is expected to increase 14 to 15 percent year-on-year in October even if the Golden Week showed a slower start this year, Japanese brokerage Nomura reported.
Last weekâs memo revealed that October GGR typically lifts approximately 13 percent sequentially from September, which would translate into daily GGR of circa US$99.5 million for the month, implying year-on-year growth of approximately 12 percent. Nevertheless, trends seem to have normalised despite the slower than expected start this year. The Golden Week holiday period took place from October 1-8, and despite the slow start, visitors arrivalâs aggregate number showed a 10.3 percent rise year-on-year.
Moreover, according to information released by the Gaming Inspection and Coordination Bureau (DICJ) on Monday, gross gaming revenue from the VIP Baccarat segment increased 35 percent year-on-year during the third quarter of 2017 to US$4.8 billion. The segment totaled 57.7 percent of all gaming revenue in the three month period, whilst mass gaming revenue increased 7.4 percent to US$28.3 billion.
-
Asia4 days ago
Jetapult Strengthens AI Expertise: Onboards Industry Leaders, Oz Silahtar and Dr. Arjun Jain
-
Latest News5 days ago
Roobet Promo Code: Redeem âWRD100â Now to Get a Free Money & Cashback
-
Latest News5 days ago
Regulatory Roadblocks: The Future of Sweepstakes Gaming in the U.S.
-
Latest News5 days ago
Recently Released Slot Games Worth Checking Out
-
Africa5 days ago
Gaming Corps Expands African Presence with KingMakers Partnership
-
Latest News5 days ago
UK Gambling Commission Flags Deepfake-Fueled Money Laundering Threats in Online Gambling Sector
-
Latest News5 days ago
ULTIM8 SPORTSBOOK IFRAME: Ultimate Solution for Operators Who Have Seen It All
-
Latest News5 days ago
PG Soft debuts Doomsday Rampage slot