Official figures released today
November casino revenues hit USD 3.8 billion
2013-12-02
Reading time 33 seg
(Macau).- Macau casinos took in USD 3.8 billion last month, official figures released today by the Gaming Inspection and Coordination Bureau show. This is an increase of 21.3 percent over the same period last year. So far this year, accumulated gross gaming revenue has reached USD 40.2 billion, a 18.6 percent increase over the first 11 months of 2012.
RBC Capital Markets expects Macau’s gross gaming revenue to be 20 percent higher this month than a year before, Barron’s reports online. Besides, RBC Capital Markets analysts reckon gross gaming revenue in the first 24 days of this month was us$ 3.03 billion.
“Due to the stronger-than-expected results last week, we are increasing our full-month estimate for November from a range of plus 15 percent to plus 17 percent to an increase of 20 percent,” RBC Capital Markets said in a note.
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