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Macau Casino Revenue up 44.6 Percent

Written by:

C Costigan

Published on:

May/03/2011

(Reuters) - Casino revenue in Macau, the world's biggest gaming market, rose 44.6 percent in April to 20.5 billion patacas ($2.56 billion).

Accumulated revenue for the first four months of 2011 rose 43.3 percent 79.0 billion patacas, the Macau government said in a statement.

Macau's casino industry is booming on robust demand from gamblers from mainland China, which account for the bulk of the territory's visitors. The former Portuguese enclave is the only place in China where mainland Chinese can legally gamble. ($1 = 8.020 Macau Patacas)

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