HONG KONG: Macau’s casino revenues rose nearly 50% to a record high of 18.869 billion patacas (US$2.37bil) in October from a year earlier, putting it on track to beat full-year expectations.
For the past few years, strong double-digit casino revenue growth in tiny Macau, the world’s largest gambling market, has boosted the earnings of the enclave’s casino operators including Las Vegas Sands and Galaxy Entertainment Group, which reported strong earnings last week.
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