Macau casino revenues up 40 percent in February

Mar 3, 2014 8:10 PM

Continuing its dizzying climb to new heights, Macau casino revenue shot up 40 percent during the month of February when compared to the revenue reported in 2013.

Macau’s gaming regulators reported Monday that revenues reached $4.5 billion during the month that benefited from China’s New Year celebration. In comparison, Las Vegas’s total revenues during the year 2013 were $6.5 billion while Asian gaming outlet Singapore had revenues of $6 billion for the entire year.

February’s revenue total was 4 percent higher than the previous record month, that of October 2013.

Based on the first two months of the year, analysts have estimated Macau’s mass market growth will be between 25 and 30 percent by year’s end.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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