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Macau Tourism statistics and casino revenue falls
HVS International reports that Macau’s casino revenues recorded approximately $1 billion in April 2009, or a 9 percent decline from a year ago and 13 percent decline from March 2009. The numbers represent the fifth consecutive month in which casino revenues on the Asian offshore gambling island have declined.
Media reports from the area have previously indicated that Chinese government constraints on the numbers of people visiting Macau have contributed to the decline, as has the impact of the global recession on travel organisations.
Macau's Statistics and Census Service has posted statistics indicating that the average hotel occupancy rate fell by 3.1 percentage points year-on-year to 72.6 percent in March 2009 with the four-star hotels leading occupancy rate at 86.4 percent during this period.
Approximately 596 000 guests stayed in local hotels and similar establishments in March 2009, with 55.7 percent of guests from mainland China and 18.7 percent from Hong Kong. Average length of stay of hotel guests declined to 1.3 nights in March 2009.
Last year the Chinese authorities began limiting the number of people permitted to cross into the enclave. Visitors from China dropped by about 13 percent and revenues in the first quarter of this year are down $3.3 billion on the same period last year.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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