Macau Gaming Revenue Rises in Quarter 3

Written by:
Guest
Published on:
Oct/17/2017

The Asian gambling Mecca of Macau witnessed a steep rise in revenue during Quarter 3 with revenues of MOP67bn ($6.2bn) from July to September 2017.  This amounted to a rise of nearly 22% on a year-on-year basis.

The VIP segment rose 35% during this quarter, led by baccarat.

Gross Gaming Revenues (GGR) in VIP baccarat, however, plunged 57.5% or nearly MOP38.69bn ($4.81bn), compared to the same period during the previous year.

- Gilbert Horowitz, Gambling911.com

Gambling News

Billy Graham Passes Away at Age 99: Believed Gambling to be 'Deadly'

Billy Graham Passes Away at Age 99: Believed Gambling to be 'Deadly'

Gambling is an addition that could very quickly destroy someone's life, says evangelist Billy Graham.

New Online Live Roulette Table Payouts 500X the Average

New Online Live Roulette Table Payouts 500X the Average

Just released, a new live casino roulette game that features payouts of between 50:1 and 500:1.

William Hill Fined £6.2m in Money Laundering Matter

William Hill Fined £6.2m in Money Laundering Matter

British bookmaker William Hill will pay 6.2 million pounds ($8.7 million) as a penalty for breaching anti-money laundering and social responsibility regulations, the Gambling Commission said on Tuesday.

Police Manhant for Armed Female Casino Robber in Vegas

Police Manhant for Armed Female Casino Robber in Vegas

Las Vegas police are searching for a woman who robbed a casino at gunpoint.

West Virginia Jumps on Sports Betting Bandwagon

West Virginia Jumps on Sports Betting Bandwagon

The West Virginia Senate passed a bill Tuesday to legalize sports betting at the state's five casinos in the event that a U.S. Supreme Court case leads to the repeal of a nationwide ban.

Syndicate