Marvellous March For Macau Gambling

Macau casinos post 22.2 percent revenue gain

Macau gambling revenues stayed on their upward trend in March, rising 22.2 percent year-on-year due to sustained demand for gambling from the mainland.

The positive performance is the twentieth month running of gains as the island gambling hub maintains its recovery from a 2014 government clampdown on corruption and a Chinese economy slowdown.

The Macau Gaming Inspection and Coordination bureau on Sunday reported revenues up 22.2 percent to 26 billion patacas ($3.2 billion), comfortably above analyst expectations of 13 percent to 18 percent growth.

However, to keep a sense of perspective, Macau revenues remain far off the highs reached in the hay days of 2014, and are currently around monthly tallies last seen in 2012.