Macau’s gross gaming revenues total 18 billion patacas in first quarter

19 April 2007

Macau, China, 19 April – Gaming and gambling activities in Macau posted gross revenues of 18.06 billion patacas in the first quarter of 2006, the Gaming Inspection and Coordination Bureau (GICB) said in Macau Wednesday.

Gross revenues from casinos totaled 17.87 billion patacas in the same period, year on year growth of 44.7 percent, which accounts for 99 percent of all gaming and gambling revenues.

Compared with the fourth quarter of 2006, gaming revenues rose 8.6 percent in the first quarter of 2007.

Four types of baccarat – baccarat, VIP baccarat, mini-baccarat and three-card baccarat – together generated turnover of 15.45 billion patacas in the first three months of the year, an annual rise of 46.8 percent.

Slot machines provided 732 million patacas in revenues in the first quarter, a year on year rise of 72.2 percent.

At the end of the period Macau had 2,970 gaming tables, a year on year rise of 79 percent, and the number of slot machines rose by 80 percent to 7,349.

Macau currently has 25 casinos, 18 of which are owned by Sociedade de Jogos de Macau, Galaxy owns five and Venetian and Wynn own one casino each.

In 2006 gaming and gambling activities in Macau posted gross revenues of 55.88 billion patacas (US$6.985 billion), a rise of 22 percent against the figures for 2005. (macauhub)

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