International Business Times – The glitzy casinos of Macau, a gambler’s paradise just off mainland China, saw a surge in gambling revenue over the week-long Chinese national holiday from Oct. 1 to Oct. 7 known as Golden Week, according to a Citigroup Inc. (NYSE:C) research note.
Daily gross gambling revenues for the first six days of October were up 30 percent from the year before. In total, gamblers spent about 10.6 billion Macau patacas ($1.32 billion) in one week.
On a daily basis, that’s 85 percent higher than daily revenues during the first nine months of the year.
Revenue is streaming in so quickly that Macau’s more than 30 casinos can’t even install extra game tables fast enough.
