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Macao's gaming revenue hits record high in April

(Xinhua)
Updated: 2010-05-05 09:13
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MACAO - Macao's gaming sector raked in 14.1 billion patacas ($1.76 billion) in April 2010, which was the highest monthly revenues on record, the Portuguese news agency Lusa reported on Tuesday.

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The total income of local gaming sector for last month increased dramatically by 70 percent over the same period of last year, and that for the first four months of this year amounted 55.1 billion patacas, according to Lusa.

As for the market share of Macao's six licensed gaming operators, SJM, owned by local gaming magnate Stanley Ho, still led the market with 33 percent share, which was followed by Sands China Ltd, the local subsidiary of the Las Vegas Sands, and Wynn Macao Ltd, the Macao arm of another US-based gaming company Wynn Resorts Ltd, respectively acquiring 21 percent and 14 percent.

Being the only place in China where gambling is legal, there were over 33 casinos with 4,811 gaming tables and 14,503 slot machines in Macao by the end of the first quarter of this year, according to official figures.
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