Macau casinos post first annual revenue gain in 3 years

Gaming revenue in the Chinese territory of Macau rose for the first time in three years in 2017 as high-end punters' appetite for gambling recovers after a protracted government campaign against shows of wealth among public officials and slowing economic growth. Figures from Macau's Gaming Inspection and Coordination bureau on Monday showed revenues rose 19 percent for 2017 to 265.7 billion patacas ($33.13 billion). Winnings have been higher for operators such as Sands China Ltd, Wynn Macau Ltd, Galaxy Entertainment Group Ltd and Melco Resorts & Entertainment Ltd which have casinos on the Cotai strip - a stretch of reclaimed land which now boasts some of Macau's most opulent properties.

from Yahoo Finance https://yhoo.it/2C9cGMJ
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