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Macau Gambling Revenue Up 25.4 Percent in March Over Same Period Last Year

Written by:

Aaron Goldstein

Published on:

Apr/02/2013

Macau Gambling Revenue Up 25.4 Percent in March Over Same Period Last Year

Macau gambling revenue was up 25.4 percent in March compared to the same period last year.

Government data indicated that the world’s largest gambling destination experienced a rise to $3.92 billion.

Full year gambling revenue hit $38 billion last year.

Business from both mass-market and VIP, or high-stake gamblers, has been strong, RBC Capital Markets analyst John Kempf wrote in a March 25 note.

Casino companies like Galaxy Entertainment and Sands China Ltd. have been expanding and adding rooms.

- Aaron Goldstein, Gambling911.com

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