Sunday, January 9, 2011

Macau gaming revenues jump 66 percent in December

Nevada gaming revenues hit an all-time record of $12.8 billion 2007. Macau came close to doubling that mark in 2010.

Gaming revenues in the Chinese Special Administrative Region grew by 58 percent during the year despite talk of the government taking steps to slow the remarkable growth.

The nearly 40 small and large casinos in Macau collected gaming revenues of 188 billion patacas, which translated into roughly $23.4 billion in U.S. dollars based on currency conversion rates.

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