Macau’s gambling revenues saw a rise of nearly 8% for November, the world’s largest casino market, rose 7.9% for the month year-on-year, boosted by strong spending from China’s emerging middle class who have continued to flock across the border to the enclave.
November’s revenue was US$3.12 billion, data from Macau’s Gaming Inspection and Co-ordination bureau showed on Monday. The figure was in line with analyst estimates predicting a 7-8% growth rate.
While growth rates have dropped from double-digit highs in the past seven months due to lower spending by big VIP gamblers, overall revenue has remained solid.
Annual revenue is expected to reach US$38 billion, more than six times that of Las Vegas.
China’s change of leadership in November has highlighted the country’s focus on battling corruption. Tighter scrutiny and regulation of money flows going into Macau and Hong Kong have been stepped up in recent months, industry players say.
Despite increased regulation and scrutiny, overall gaming revenues are not expected to drop.
Analysts are focusing on improving data from China to bolster revenues going forward. Improving transport links are also expected to bring in visitors once new rail extensions are complete, starting early next year.Veniturile din gambling realizate in Macao au crescut cu aproape 8% in luna Noiembrie, cea mai mare piata de gambling din lume , a crescut cu 7,9% in comparative cu luna Noiembrie a 2011. Aceasta crestere s-a datorat clasei mijlocii din Chna care a continuat sa se indrepte catre granitele tarii si catre enclavele acesteia.
Veniturile din Noiembrie au fost de 3.12$ miliarde, conform Macau’s Gaming Inspection . Cifrele communicate au fost conforme cu predictiile analistilor care au estimate o crestere de 7-8%.
Desi rata de crestere a scazut de la cifre cu doua numere din ultimele sapte luni, din cauza scaderii cheltuielilor jucatorilor VIP, cu toate acestea veniturile au ramas inca destul de solide.
Se asteapta ca veniturile anuale sa ajunga la 38$ miliarde, mai mult de sase ori decat Las Vegas.
Schimbarea conducerii din China a evidentiat concentrarea asupra luptei inpotriva coruptiei. Scrutinul strans si regularizarea fluxurior de bani inspre Macao si Hong Kong au intensificat ultimele luni, au declarant jucatorii din industrie.
In ciuda scrutinului si a noilor reglementari, veniturile din gambling nu se asteapta sa scada.
Analistii se concentrează pe îmbunătățirea datelor din China pentru a consolida veniturile si a merge mai departe. De asemenea imbunătățirea legăturilor de transport sunt, de asemenea, de așteptat să aducă noi vizitatori o dată ce noile extensii de cale ferată sunt complete, începând de anului viitor.
