Macau Gaming Revenue Rises in Quarter 3

Submitted by Guest on

Written by :

Guest

Published on :

Macau Gaming Revenue Rises in Quarter 3

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

Related Content

Sick $9.4 Million in Jackpots Awarded Last Month at Seminole Classic Casino in Hollywood, Florida

Sick $9.4 Million in Jackpots Awarded Last Month at Seminole Classic Casino in Hollywood, Florida

If you are a regular reader of the Gambling911.com website, you're probably used to seeing news of high paying jackpots consistently being reported at Sacramento, California casinos.
$1.6 Million Grand Jackpot on Dragon Link Slot Machine at Seminole Casino Coconut Creek Florida

$1.6 Million Grand Jackpot on Dragon Link Slot Machine at Seminole Casino Coconut Creek Florida

A lucky guest at the Seminole Casino Coconut Creek in South Florida hit a Grand Jackpot worth more than $1.6 million while playing a Dragon Link™ slot. This is the latest jackpot to hit on the enormously popular slot.
Bally's Halts Chicago Casino Construction as Company Reports  $792 million in Revenue....$4.5 billion in DEBT?

Bally's Halts Chicago Casino Construction as Company Reports $792 million in Revenue....$4.5 billion in DEBT?

The company reported roughly $265.9 million in negative operating cash flow during the first six months of the year.