July 2013 Macau Revenues up 20 percent


Thursday August 1, 2013 : MACAU JULY REVENUES UP 20 PERCENT
 
Chinese economy slowdown does not derail Macau business
 
The Reuters news agency reports that July 2013 gambling revenues in Macau have apparently been unaffected by the slowdown in the Chinese economy, delivering the third highest monthly revenue numbers so far this year at 29.5 billion patacas ($3.7 billion).
 
The 20 percent rise in revenue over the month was broadly in line with analyst's predictions of around 18 to 21 percent.
 
Government data released Thursday showed that more middle-class gamblers visited Macau in July, eclipsing the growth in the number of high-rollers.