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Macau Casino revenues rose in the first three months of 2009
Is Asia's land gambling drought easing? A report from Bloombergs news service this week suggests that it may be. Macau’s casino revenue rose in the first three months of 2009, signaling recovery from a slowdown triggered by the global recession and visa controls imposed on mainland Chinese visitors.
Quarter 1 2009 casino revenue rose 8.1 percent to 26 billion patacas ($3.2 billion) when compared to Q4 2008's 24.1 billion patacas, according to statistics on the Macau Gaming Inspection and Co-ordination Bureau Web site. Revenue fell 13 percent from Q1 2008, when the casinos hauled in a record 29.8 billion patacas.
Macau operators have been hurt by the global recession and visa controls imposed by the Chinese government seeking to limit gambling by mainland citizens. Casino revenue in the former Portuguese colony declined for three straight quarters through December.
Las Vegas Sands Corp., the casino operator that halted construction on its projects in Macau in November, said this month it may resume building this calendar year on optimism casino revenue is picking up.
Government officials from Guangdong, Macau and Hong Kong met in February to discuss easing visa controls.
Gambling News :
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
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