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.