GGRAsia – Macau casino GGR up 16 pct in April: govt

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Macau casino GGR up 16 pct in April: govt

May 01, 2017 Newsdesk Latest News, Macau, Top of the deck

Casino gross gaming revenue (GGR) in Macau rose by 16.3 percent year-on-year in April, to MOP20.16 billion (US$2.52 billion), according to data from the city’s regulator, the Gaming Inspection and Coordination Bureau, released on Monday.

It meant the Macau market’s GGR tally for the first four months of 2017 stood at MOP83.64 billion, a year-on-year expansion of 13.8 percent.

Fitch Ratings Inc forecast in a late April note that Macau gaming revenues would grow by 12 percent year-on-year in 2017.