Macau land gambling does it again

News on 2 May 2014

The world’s most consistently successfully land gambling enclave, Macau off the Chinese mainland, has again exceeded analyst expectations, delivering a 10.6 percent increase in revenues against analyst predictions of 6 to 8 percent.

The Reuters news agency reports that casinos raked in 31.3 billion patacas ($3.9 billion) in gambling revenue in April thanks to strong spending by Chinese visitors.

Macau earns the equivalent of Las Vegas’ annual haul in less than two months. Annual revenues reached a record $45 billion in 2013, elevating the tiny island territory high above rival gaming destinations.

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