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December 2, 2016

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Casino income rises

MACAU, the world’s biggest casino hub, posted a 14.4 percent rise in gambling revenue in November, a fourth month of growth after more than two years of decline, as new resorts helped bring in more casual gamblers to the city.

In November, the casino hub raked in a revenue of 18.8 billion patacas (US$2.36 billion), government data showed yesterday. The figure was a drop from the previous month, when revenue had been boosted by a national holiday week. More mass gamblers and visitors have made their way to Macau after multi-billion dollar casino openings by Sands China Ltd and Wynn Macau Ltd in the third quarter.


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