News Summary: Macau casino revenue to $38B n 2012

Published: 05:08:56 PM, Wed 02 January 2013 UTC

DOUBLING DOWN: Casino revenue in Macau climbed 13.5 percent last year to a record $38 billion in the world's biggest gambling market. Gambling revenue growth eased off in 2012 from the year before, when it rocketed 42 percent.

CHANCE ENCOUNTER: Analysts noted that a decline in Chinese high rollers, who account for two-thirds of Macau casino revenue, has been offset by growing numbers of middle-class Chinese.

THE CASINO NEXT DOOR: Chinese gamblers account for the bulk of visitors to Macau. It's an hour by ferry from Hong Kong and is the only place in China where casino gambling is legal.

Tags: news summary, china, revenue growth, gaming, gambling, percent, macau, casino, hong kong, people's republic of china, chinese language, casino gambling, casino revenue, chinese high rollers, standard mandarin, macau casino revenue, casino next door, chance encounter, chinese gamblers

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