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Massive macau Casino Action
5.19.10 - According to unaudited numbers quoted by industry analysts CLSA Limited, Macau casino gambling revenue for the first two weeks of May 2010 has probably increased by 90 percent to 9 billion patacas ($1.12 billion) from a year earlier.
Revenue growth for casinos in the only Chinese region where they are legal is “accelerating rather than slowing down because of the ‘tightening’ in China,” CLSA analyst Aaron Fischer said in a note to clients this week.
Compared with the first two weeks of April 2010, gambling revenue in Macau increased by 40 percent, says Fischer.
“It looks like some of the casino operators are significantly increasing their working capital,” or the amount lent to junket operators, who are paid commissions to bring in high rollers, the analyst said.
The city’s casino gambling revenue in April rose about 70 percent from a year earlier to more than 14.1 billion patacas. Macau gambling revenue was up 57 percent in the first quarter of this year to about 41 billion patacas, local government confirmed.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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