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Macau casinos have record month

3 September 2009

HONG KONG, China -- As reported by AFP: "Macau's casinos raked in a record 1.5 billion dollars in August, their highest-ever monthly revenue and up more than 17 percent on the same month last year, a report said Thursday.

"Analysts hailed the second consecutive month of year-on-year revenue growth in the world's largest casino market as the start of a recovery, the South China Morning Post said, after a 12.4 percent decline in the first half.

"The August figure of 11.27 billion patacas (1.5 billion dollars) was 17.8 percent higher than the previous month, and 33 percent more than the average monthly revenue during the 12 months to July, the report said.

"The previous monthly record stood at 10.33 billion patacas in January 2008..."

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