Tag: Macau gambling revenue 2013 November
Macau gambling revenue jumps 21% in November
December 4, 2013
Reuters – Gambling revenue in the southern Chinese territory of Macau jumped 21.3 percent on year in November after events including an international boxing match and annual Grand Prix motor race led to an increase in visitors. Revenue reached 30.18 billion patacas ($3.78 billion), the fourth highest this year, showed government data released on Monday. Analysts had forecast a median growth of 20 percent. Macau is China’s only legal gambling hub with 35 casinos and 8 in the works, operated by companies such as Sands China Ltd , Melco Crown Entertainment Ltd, Galaxy Entertainment Group Ltd, MGM China Holdings Ltd…