Casino gross gaming revenue (GGR) in Macau rose by 2.6 percent year-on-year in October, to nearly MOP27.33 billion (US$3.38 billion), according to data released on Thursday by the city’s gaming regulator, the Gaming Inspection and Coordination Bureau.
It is the highest monthly tally since October 2014, when casino GGR in Macau stood at MOP28.03 billion.
Several investment analysts had a week earlier predicted October GGR would be at a similar level or slightly above 2017’s October tally, which had been a year high.
The latest monthly GGR result meant the Macau market’s tally for the first 10 months of 2018 stood at approximately MOP251.38 billion, up 14.3 percent from the prior-year period, according to the official data.
Jul 19, 2019Sega Sammy Creation Inc, a Japanese supplier of casino gaming equipment, says Dominic Laubach, a 10-year veteran at executive level in the Macau casino market, has joined the firm’s Asia sales...
Jul 19, 2019
”We’ve been in Japan and in many other places, and while we have to be mindful of our investments ... we have the type of profile now and relationships with financial institutions where we are in a position to take a look at fresh opportunities”
Chairman of Hong Kong-listed casino investor NagaCorp