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Macau's monthly gaming revenue expected to stay around USD 892 million





05.11.2008, Lesen Sie hier den Bericht über «Macau's monthly gaming revenue expected to stay around USD 892 million».

Secretary for Economy and Finance Francis Tam Pak Yuen, said he was confident that gross monthly gaming revenue could stay around USD 892 million, a level that would enable the six operators to stay in the market.

Tam told reporters he expected the fourth quarter or the first quarter of next year would mark the beginning of a downward trend in gaming revenue. For the second consecutive month, in October gaming revenues dropped more than 3% compared with the same period last year.

Last month table and slot machine revenues amounted to around USD 1.1 billion. Over the first ten months of the year, the gaming revenue is expected to have reached USD 1.13 million, representing a drop of 3.2 % compared to the same period last year.

Stanley Ho's SJM and Sheldon Adelson's Venetian Macau continue dominating the market, although the latter is slightly above local casino mogul. The main reason behind the advantage is due to higher slot machine revenues at the Venetian. Wynn Resorts remains in third place, while Galaxy regained fourth, leaving Melco PBL in fifth and MGM in sixth.

Tam said he is confident that the six gaming operators would be able to survive. Considering the oncoming economic downturn, he urged the public to face reality, but there was no need to be too pessimistic. He said the government would introduce adequate measures to maintain its economic stability and help small- and medium-sized companies. Yogonet.com



Über Glücksspiele in Macau - Gambling in Macao:

Macau (englisch Macao) liegt rund 50 Kilometer westlich von Hongkong und ist das Glücksspiel-Paradies in Asien.

Macau hat rund 40 Spielcasinos. Die grössten Casinos sind The Venetian Macao, MGM Macao, Wynn Macao, Galaxy StarWorld, City of Dreams, Sands Macao, Casino Lisboa.

Neben den riesigen und farbenfrohen Casinobuildings ist eines der Wahrzeichen der Macau Tower (Fernsehturm mit 338 Meter) mit atemberaubenden Ausblicken auf die Stadt.

Macau erstreckt sich über eine Fläche von 115.3 km2 und hat rund 620'000 Einwohner.



--- Ende Artikel / Pressemitteilung Macau's monthly gaming revenue expected to stay around USD 892 million ---


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