Gambling revenue of Macau post a 2.8 percent gain in September

Gambling revenue in the Chinese territory of Macau posted a 2.8 per cent gain in September, with solid demand from Chinese betters keen to play in the country's only legal casino hub.

Figures from Macau's Gaming Inspection and Coordination Bureau on Monday showed revenues rose 2.8 per cent to 22 billion patacas ($2.73 billion) compared with analysts' expectations of 3 per cent-10 per cent growth.

September marks 26 consecutive monthly gains with upbeat revenue in the former Portuguese colony, after plunging to five-year lows due to lean economic growth and a widespread crackdown on corruption starting 2014.

(With inputs from agencies.)