Macau casino revenue hits 28 per cent growth

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Macau’s gambling revenue has jumped to 28 per cent beating analysts predictions and continuing a long run of sustained support by avid Chinese gamblers.

Gambling revenue in the Chinese territory of Macau has increased 27.6 per cent in April, helped by the demand from Chinese betters keen to play in the country’s only legal casino hub.

April marks the 21st month of consecutive revenue gains in the former Portuguese colony, which has been flying-high since its casino industry was rocked by a crackdown on corruption in 2014.

Figures from Macau’s Gaming Inspection and Coordination bureau showed revenues rose 27.6 per cent to 25.73 billion patacas ($3.18 billion) which beat analysts predictions of an 18-22 percent growth.

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