Gambling revenue in Macau rises 4.4 pct in February

Gambling revenue in Macau rises 4.4 pct in February
Image Credit: Pixabay
  • Country:
  • China

Gambling revenue in the Chinese territory of Macau rose 4.4 per cent in February due to resurgent high-roller activity after the new year holiday week but caution over slowing economic growth and the Sino-U.S. trade war prevented stronger gains.

February's revenue was 25.4 billion patacas ($3.14 billion), Macau's Gaming Inspection and Coordination Bureau, said on Friday. The figure was up from January's 24.9 billion patacas. The overall revenue number was similar to monthly figures of last year, signifying stable momentum for the country's only legal casino hub. ($1 = 8.0850 patacas)

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