Macau land casino revenues up
10-21-2009
Following months of sluggish business due to the economic slump and political intrusion, Macau land casinos seem to be on a development curve, assessing by the most recent figures from the Macau Inspection and Coordination Bureau.
According tothe Bureau report, the casino income went up 22.3 % in the 3 months July to September, hitting 31.78 billion patacas which is almost $3.81 billion.
In spite of the encouraging data, shares in general traded down, with operators allegedly still are worried about latest government actions that have again issued visa restraints stopping travel to the gambling islands from other Chinese mainland regions. Visas are now limited to one visit every 2 months instead of once a month.
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