Macau revenue up 27.6% in April

Gross gaming revenue in the Asian casino hub of Macau rose by 27.6% year-on-year during April according to new figures released by the Gaming Inspection and Coordination Bureau (DICJ).

Beating industry estimates for the period, DICJ regulators confirmed gross gaming revenues of $3.18bn during April. Analysts had previously estimated revenue growth of between 18% and 22%.

The latest revenue increase marks the 21st month of consecutive revenue growth following a period of revenue decline in 2014.

This spike allowed Macau to record a 22.2% year-on-year expansion during the first four months of the year, topping $126.1m.

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