Macao Casino Revenue Continues To Soar

Casino News - December 5th, 2009 - Written by Glen

While casino revenue in American continues to slide or stabilize, Macao's casino enterprises are thriving. November had not increased to a high point, but had out performed the previous year for the same month. November of 2009 had received 60% more revenue than November of 2008.

October had been a high point for Macao, as they had generated 12.6 billion patacas in revenue. The entire year has been revenue growth for the increasingly popular gambling hot spot. Officials have suggested that Macao may see a new record high of nearly 120 billion patacas for the year.

Visitation restrictions have relaxed for mainland residents, which has possibly helped contribute to Macao's success. Las Vegas has been struggling to keep up, and many American casino companies have begun to search for partnerships to recover from debt, declare bankruptcy, or even seek to expand into Macao.

Americans still have access to all of the Best Online Casinos. Chinese authorities have recently put a block on many forms of Internet gaming, which includes online gambling. While land based casinos have been failing, USA online casinos continue to thrive and show consistent profits