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Updated On: Friday, November 24 2017

Despite Typhoons, Macau Casino Revenue up 16 Percent in One Month

Content by: Voice of America

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Macau, a former Portuguese colony and now special administrative region, is the only place in the country where casino gambling is legal.

Government data Sunday showed monthly gambling revenue was 21.4 billion patacas ($2.66 billion) in September, within analyst expectations of growth between 11-17 percent.

Two typhoons

September saw the tail end impact from two typhoons in August, which caused massive destruction and unprecedented flooding.

Many casinos shut down for several days and had problems accessing fresh water and power, but big resorts on Macau’s Las Vegas style Cotai strip were left relatively unscathed.

Macau’s government this week will release a 15-year plan to boost tourism with key objectives including rebranding Macau into a multiday destination and managing local tourism capacity.

Typically during national holidays, Macau’s tiny peninsula and adjoining islands are inundated with swarms of visitors putting pressure on creaking infrastructure and transport.

Casino executives have said that hotels are fully booked for the official holiday period, Oct. 1-8.

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