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Macau gaming revenues reached record levels
The Xinhua news agency reports that Macau gaming revenues reached record levels - mainly before the recession hit - of US$13.7 billion over the whole of 2008. The statistics indicate a year-on-year increase of 31 percent to a record 108 billion patacas (US$13.7 billion).
According to the statistics from the Special Administrative Region's (SAR) Gaming Inspection and Coordination Bureau, gaming revenues of the SAR, the only place in China where gambling is legal, stood at 83.8 billion patacas (10.6 billion dollars) in 2007, growing by 45.7 percent over the previous year.
Among the six gaming concessionaires in Macao, SJM, a gaming company run by local tycoon Stanley Ho, was the market leader last year, while the two U.S. gaming operators Venetian Macao, owned by Las Vegas Sands, and Wynn Resorts dominated the second and third positions.
By far, the SAR, with a population of only 550 000, has 31 casinos, 19 of which are run by the SJM, but the largest one, Venetian Macao casino resort, is operated by the Las Vegas Sands. The latest statistics also showed there are a total of 4 312 gaming tables and 12 835 slot machines in these casinos.
Macao generated gaming revenues of 7.6 billion patacas (US$ 962 million) in December 2008, dropping by 7 percent year-on-year. After a long period of strong growth, the SAR's gaming sector saw its first slowdown in September last year, dropping by 3.5 percent year-on-year.
The latest figures from Las Vegas Convention and Visitors Authority showed the Las Vegas Strip recorded gaming revenues of US$ 5.2 billion in the first 10 months of last year.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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