Macau gaming revenue to rise above 50 % in 2010
“It is now possible to say that [gaming revenue] will increase more than 50 percent year-on-year”, Neves told Macau Daily Times. His prior estimation was a yearly increase of around 30 %. He also said that the first days of October have been “very positive” for the local gaming industry.
“We have pulverised daily records for two days in a row [during the Golden Week]. On October 3 the gross gaming revenue set a new day record, and it beat that on the next day,” Neves said.
Macau’s casino gross gaming revenue reached us$ 1.9 billion last month. It represents a yearly increase of 39.8 %, according to official data. This is the slowest monthly year-on-year growth rate registered so far in 2010.
The total casino gross gaming revenue for the nine months through to September rose 60.1 % year-on-year to us$ 16.3 billion. That is more than what the local casinos raked in for the overall 2009 (us$ 14.6 billion).
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