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Macau Casino Earnings Keep Going Up

Posted 3/1/11 : Mainland Chinese visitors push revenue to a record high.
 
Government statistics released this week show Macau's February gambling revenue leapt 48 percent year-on-year and 33 percent over January 2011, driven mainly by mainland Chinese visitors
 
Macau's Gaming Inspection and Coordination Bureau reports that February's gambling revenue increased to MOP19.86 billion ($2.47 billion) from MOP13.45 billion this time last year.  February's revenue has surpassed the last monthly record of MOP18.88 billion reached in December 2010.
 
Dow Jones reveals that revenue amongst Macau's six casino license-holders broke down to Stanley Ho's SJM Holdings leading the market with a 32 percent share, Sands China Ltd following with 18 percent, Melco Crown Entertainment and Wynn Macau Ltd with 15 percent each, MGM Macau with 11 percent of the market and Galaxy Entertainment Ltd holding 9 percent, 4 percent down from last month.
 
Gary Pinge, regional head of Gaming and Consumer at Macquarie Securities in Hong Kong told Reuters that the figures were a surprise as over the past four years, February has generally been 5-10 percent weaker than in January, because of the timing of the Lunar New Year holiday.
 
"February looks all the more impressive given the fact that there were three (10 percent) fewer days and one less weekend than in January. If this is a trend for the rest of the year, Macau could continue to see strong growth, month on month," he said.



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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