Asia

Gambling revenue rises by 17% in Macau

Published

7 years ago

September 3, 2018

Niji Narayan

Photo Credits: WSP

Reading Time: < 1 minute

Gambling revenue continues to soar in the Chinese territory of Macau, as it increased by 17% in August. The increase was mainly because of the active gaming by Chinese gamblers, who flocked in the country’s only legal casino hub.

This is the 25th consecutive month that gambling revenues increase in Macau.

Figures from Macau’s Gaming Inspection and Coordination Bureau out on Saturday showed revenues rose 17 per cent to 26.6 billion patacas ($3.3 billion) versus analyst expectations of 15–17 per cent growth.

Source: devdiscourse.com

Related Topics:

Up Next

IOC warns Esports developers about “violence” content

Don't Miss

Russia’s Tigre de Cristal casino focuses more on working class gamblers

Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.