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.
Oct 25, 2021A senior executive at the promoter of casino resort Tigre de Cristal (pictured in a file photo), in the Russian Far East, says its business has been well supported by domestic customers seeking...
”The notion that somehow the Macau gaming companies can be used by China as negotiating pawns in a geopolitical negotiation with the U.S. is definitely without merit”
Vitaly Umansky, Louis Li and Kelsey Zhu
Analysts at brokerage Sanford C. Bernstein Ltd