Macau’s gaming revenues total US$7.315 billion in first quarter

19 April 2011

Macau, China, 19 April – Gross revenues from gaming and gambling activities in Macau totalled 58.521 billion patacas (US$7.315 billion) in the first quarter of this year, representing a year on year rise of 42.9 percent, the Gaming Inspection and Coordination Bureau (GICB) said in Macau.

In March, according to the GICB, gross revenues from casino gambling in Macau, totalled 20.087 billion patacas (US$2.510 billion), representing a year on year rise of 48 percent.

Unlike in the first three months of 2010, in which gross revenues remained at a around 13 billion patacas for each month, this year there has been a rise every month, rising from 18.571 billion patacas in January to 19.863 billion patacas in February and 20.087 billion patacas in March.

When other types of gambling activities are added to the total – dog and horse racing, Chinese lottery and scratch cards, and sports betting – total gross revenues in the first quarter were 58.835 billion patacas.

In gaming, the two main types – VIP baccarat and baccarat – accounted for 53.128 billion patacas, or 90 percent of the total.

Slot machines provided gross revenues of 2.723 billion patacas and Cussec provided 1.067 billion patacas, and all other casino games generated revenues of less than 1 billion patacas.

In 2010 gross gaming and gambling revenues totalled 188.343 billion patacas (US$23.542 billion), representing years on year growth of 57.8 percent.

At the end of the first quarter of 2011, there were 33 casinos in Macau, 20 of which were owned by Sociedade de Jogos de Macau, three by Venetian Macau, five by Galaxy Casino, three by Melco/PBL Jogos (Macau) and one each by Wynn Resorts and MGM Grand Paradise. (macauhub)