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Macau Casino Revenue Hits 3-Year High on Post-Holiday Rush

  • Gaming receipts increased 22.1% for 15th straight monthly gain
  • Many gamblers visited hub after Golden Week to avoid crowds
Part of a slot machine is seen at the Global Gaming Expo (G2E) inside the Venetian Macao resort and casino, operated by Sands China Ltd., a unit of Las Vegas Sands Corp., in Macau, China, on Tuesday, May 16, 2017.
Photographer: Anthony Kwan/Bloomberg
Updated on

Macau’s casino revenue in October climbed to the highest in three years as many high-stake bettors and recreational players visited the world’s biggest gambling hub after a major holiday and Communist Party meeting.

Gross gaming receipts rose 22.1 percent to 26.6 billion patacas ($3.3 billion) last month, according to data released by Macau’s Gaming Inspection and Coordination Bureau on Wednesday. That compares with the median estimate for a 14.5 percent increase in a Bloomberg survey of nine analysts.