Written by :
Aaron Goldstein
Published on :
Macau gambling revenue was up 25.4 percent in March compared to the same period last year.
Government data indicated that the world’s largest gambling destination experienced a rise to $3.92 billion.
Full year gambling revenue hit $38 billion last year.
Business from both mass-market and VIP, or high-stake gamblers, has been strong, RBC Capital Markets analyst John Kempf wrote in a March 25 note.
Casino companies like Galaxy Entertainment and Sands China Ltd. have been expanding and adding rooms.
- Aaron Goldstein, Gambling911.com
