Macau November Land Based Casino Revenue Exceeds Predictions

Macau has once again succeeded in surpassing the predictions of analysts, as the Asian gambling hub had another fantastic month when it comes to its casinos revenues. Thus, operators who started land based casinos in Macau generated a whopping 30.18 billion patacas (US $3.78 billion), revenue which was up 21.3 percent compared to November 2012. This figure was significantly higher than what analysts had predicted, gaming insiders saying that the revenue increase was partly due to a Grand Prix annual street circuit race in the region and an international boxing match at Sheldon Adelson’s Venetian resort, which attracted a high number of visitors to Macau’s gambling venues. Even so, November’s gaming figure did not exceed last month’s record revenue of US $4.57 billion and was down 17.3 percent compared to last month’s results.

Macau is recognized worldwide as one of the top gambling destinations around the world, gaming companies who started land based casinos attracting both high-rollers and mass-market customers from mainland China. The customer is attracted towards this because of many reason, one of them is also the online review as they have good CasinoWebScripts reviews  on the popular sites. It is also named for goodsUp to now, it seemed that baccarat was at the top of gamblers’ preferences when it comes to casino games. Even so, the Sands Cotal Central casino, which offers a variety of slots, recently boasted new records for the biggest jackpots in Macau gaming history. The winner of the grand jackpot is an unidentified Hong Kong player who managed to rake in HKG 24.6 million (US $3.2 million) at a Fortune King machine. Sands representatives explained that 66 Macau punters won jackpots of around HKD 1 million (US $130,000) during the last two months. Slots’ share of Macau’s gaming revenue accounts for only 4.1 percent at this point in time, but the number of gaming machines in gambling establishments is expected to grow significantly during the next few years. 

Gaming insiders said that all the glamorous gambling establishments developed by operators who start land based casinos in the Cotai land of Macau, which house 15,000 slot machines at the moment, are expected to bring in another 10,000 machines in the near future. Thus, high-rollers and especially mainland players could start adding slot games to their top gaming preferences.

No matter whether Macau players prefer slots or baccarat, the 35 land based casinos in the region are collecting huge gaming wins. Being the only place in China where brick-and-mortar casinos are allowed, Macau is expected to see 8 new casinos in the near term. At this point in time, several world-renowned gambling companies, such as Wynn Resorts, Las Vegas Sand Corp. and MGM Resorts International started land based casinos in the thriving region of Macau. Altogether, the Chinese gambling hub’s brick-and-mortar casinos generate no less than 50 percent of Macau’s economy. 

This year’s thriving results were due to both premium gamblers and mass-market players. International gambling moguls, such as Sheldon Adelson, recently explained that the mass market segment has become the most profitable and most important segment in Macau. One main reason of customer attraction is because of its good reviews for casino software on the popular review sites that customer read for casinowebscripts software reviews   there.

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