Macau gambling revenues are still increasing for the sixth time in a row; is there anything the gambling sector should worry about?
Online gambling news in Macau have just released the official reports of the Macau gambling revenues. The data was the propriety of the Macau government and they are the ones who are responsible for the freshly released data. Based on these, Macau gambling revenues have shown increase for the sixth months in a row and they are still on the rise.
Macau gambling revenues went up by 3%
The Macau gambling revenues were expected to grow by around 7 and 10 percent according to earlier reports. Despite the fact that these requirements have not been reached by the actual Macau gambling revenues, the 3% growth is still a pretty good number in the statistics – especially if we take into account that it’s the sixth month in a row!
Macau gambling revenues: €2,2 million
Those numbers are only for the Macau gambling revenues in January! The official number us 19,3 billion patacas, which is around €2,2 million ($2,4 million). This gambling income of Macau is slightly worse than what they booked in December. They managed to collect a total of $2,5 million in the previous month.
The overall yearly statistics in gambling are not so promising
Macau gambling laws took up the fight against corruption in hopes of increasing the Macau gambling revenues even more. However, it will not be an easy game for them. New resorts have been opened in the world’s largest casino hubs in 2016. The investment caused short term disadvantages – the gambling revenues in 2016 dropped to $28 billion, but it’s an investment for the future, which already seems to be rewarding.