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Macau gaming revenue rises 46%

22 October 2007

HONG KONG -- As reported by MarketWatch: "Macau's casino gambling revenue in the third quarter rose 46% to MOP20.34 billion (US$2.55 billion) from MOP13.95 billion in the year-earlier period, the Gaming Inspection and Coordination Bureau said Thursday.

"Added to the MOP37.97 billion revenue the bureau reported for the first six months, the third-quarter figure brings Macau's total casino gambling revenue for the nine months ended Sept. 30 to MOP58.32 billion. That is 47% higher than the MOP39.70 billion recorded for the same period last year.

"The regulator didn't elaborate on the figures it issued on its Web site, but analysts said earlier they expected casino operators' winnings from bets by high-rollers helped boost casino gambling revenue in the territory, the only place in China where casino gambling is legal..."

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