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Thursday, October 4, 2012 : MACAU REVENUES UP IN SEPTEMBER
12.3 percent year-on-year revenue growth
Gambling revenue in Macau, the world's largest land casino market, rose 12.3 percent in September year-on-year, Macau Gaming Inspection and Coordination Bureau data released Thursday showed.
Nevertheless, September's revenue amounted to a weaker-than-expected 23.87 billion patacas ($2.99 billion) compared with MOP21.24 billion in the same month last year. Analysts had forecast September growth to be up 15-17 percent ahead of a national holiday week starting in October.
Reuters news service attributed the lower numbers to a slowdown in China's economy and increased political scrutiny due to an impending leadership change that has taken its toll on the country's big-spending billionaire punters, pushing Macau's gambling revenue growth levels down substantially over the past 5 months.
The growth rate was higher than August's 5.5 percent year-on-year rise.
In the first nine months of the year, revenue rose 15 percent from the same period in 2011 to MOP223.3 billion.
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.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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