Macau’s casinos achieved record gross gaming revenues of MOP119 billion (US$14.9 billion) last year, an increase of around 9.4% on the previous year, according to preliminary figures reported in early January.
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In 2008, the casino sector generated gross receipts of MOP108.8 billion (US$13.6 billion)—a year on year increase of 31% compared to 2007, which in its turn recorded a 46.6% rise on 2006 receipts.
Macau’s annual growth for 2009 would undoubtedly have been higher than 9.4% were it not for the combined effects of lingering global recession in the first half of the year and visa restrictions by the Chinese authorities.
December’s casino gross receipts amounted to MOP11.3 billion (US$1.4 billion), an increase of 47.6% year-on-year according to the unofficial figures quoted by Lusa, the Portuguese-language news agency.