Macau’s casino recovery continues

Guest Contributor

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Macau
Macau is the world’s largest gaming market

Macau’s gaming industry continues to rebound strongly, following the significant declines experienced over the last two years.

According to the latest data from Macau’s Gaming Inspection & Coordination Bureau, the city’s casinos generated revenues worth MOP20.16 billion (US$2.5bn) in April 2017, up 16.3% compared to the same month last year.

This marks the ninth consecutive month of year-on-year growth, stretching back to August 2016. Prior to that, Macau’s gaming sector experienced a 26-month slump linked to the Chinese government’s crackdown on corruption and money laundering.

The former Portuguese colony remains by far the world’s largest gaming market.

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