Casinos/Gambling – Gambling Revenue In Macau Surged in August
In China, the month of August 2010 saw a dramatic rise in the gambling revenue generated by Macau casino.
The month of August 2010 saw a dramatic rise in the gambling revenue generated by Macau casino in China. Currently, casino games are very popular in China.
There was a substantial 40% increase in August, compared to the revenue generated the same month a year earlier. Earlier in the year, the growth had slowed dramatically, compared to the heady pace that was seen in the year prior.
However, the 40% increase showed that the robust gambling center in China had clearly fully recovered from the down turn in business that was seen for the entire beginning of the year of 2009.
The second half of last year saw plenty of obstacles and problems to overcome. From a global economic down turn that plummeted many businesses both big and small, plus a swine flu outbreak that had the world panicked, as well as visa restrictions on gamblers that were on the mainland of China.
However, through all this Macau's casinos were able to shake off and make a huge rebound in spite of so many obstacles. There will most likely be an easing off of percentages rises for the rest of the year, as well as the growth slowing as well from the original 70% year to year growth rate.