Asia

Gross gaming revenue of Macau jumps by 16.6 per cent in December

Published

6 years ago

January 7, 2019

Niji Narayan

Gross gaming revenue of Macau jumps by 16.6 per cent in December

Photo Source: macaulifestyle.com

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The casino’s in Macau continued their revenue surge, as the gross gaming revenue jumped by 16.6 per cent year-on-year to MOP$26.47 billion (US$3.28 billion) in December 2018.

The revenue rise even exceeded forecasts of between 9 and 11 per cent growth. This is the 29th straight month that Macau is showing gains in gaming revenue. December’s final revenue figure took Macau’s GGR for all of 2018 to MOP$302.85 billion (US$37.5 billion), up 14.0 per cent on last year’s gross gaming revenue for the Asian gaming hub.

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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.