Macau November Revenues Surpirse Many
Macau casinos showed an improvement again in the November gambling figures reported by the Gaming Inspection and Coordination Bureau of 8.5% for the month, which represents revenues of $3.1 billion.
The rise in revenues surprised many analysts and have now hiked the December revenues rise because of those figures to between 6% and 15%. The huge variation in estimates just shows that when it comes to Macau it is currently very hard to gauge where and how much the revenues will rise but rise they certainly will.
Over the past seven years December gambling revenues have been almost 3% higher than the November gambling figures so that is why analysts are making the higher predictions, however with the improved revenues for November surprising most observers predictions for December now are going to be tough to call.