Macau breaks another record and introduces smoking penalties

Macau made us$ 4.6 billion in October

2013-11-08
Reading time 1:07 min
(Macau).- Macau’s casino industry broke its single-month gaming revenue record in October when the market produced us$ 4.6 billion in pre-tax winnings. The total exceeded the previous record of us$ 3.92 billion set in March of this year. The Macau Gaming Inspection and Coordination Bureau said the results were a 31.7 per cent increase over the October 2012 total.

In 2012, Macau - the world’s largest gaming market - produced a record $38bn in gaming revenues. Up to October, the region nearly topped that amount, producing $37.13bn in just 10 months. Macau gaming revenues -seven times bigger than Las Vegas - are up 18.4 per cent over the same 10 months of 2012.

The single-month revenue record in Macau equals roughly 75 per cent of the entire Strip gaming market revenue during all of 2012. Macau currently has more than three dozen large and small casinos.

Smoking restrictions

In other news, the results of a second round of tests of casino air quality and any penalties for failing them will be ready within a fortnight, Legislative Assembly member Ella Lei Cheng I said. Chief Executive Fernando Chui Sai On was prepared to cut the size of smoking zones in casinos that failed the tests, she told reporters.

The Macau Federation of Trade Unions, represented in the assembly by Ms Lei, met Mr Chui at government headquarters yesterday. In a press statement released after the meeting, Mr Chui’s staff said the air quality results would be out “soon”.

The restrictions on smoking in casinos, which came into force in January, allow smoking areas to take up 50 percent of gaming floors.

The government can reduce the size of smoking areas if a casino’s air quality is below standard.

Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR