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.
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”We have been informed by the Republic of Cyprus that the Cabinet of Ministers has approved the decision to award the first-ever casino resort licence to our consortium”
Casino investor Melco International Development