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Wysłany: Czw 6:06, 06 Sty 2011 Temat postu: Macao gaming revenue up 58% asics running shoes |
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Macao gaming revenue up 58%,[link widoczny dla zalogowanych]
Casino revenue in Macao soared 58 percent in 2010 to a record 188.34 billion patacas ($23.51 billion) year on year,[link widoczny dla zalogowanych], bolstered by a flood of gamblers from Chinese mainland on continued strength in the Chinese economy.
December gambling revenue jumped 66.4 percent to a record monthly high of 18.88 billion patacas,[link widoczny dla zalogowanych], the Macao Gaming Inspection and Coordination Bureau said on its website.
In recent years,[link widoczny dla zalogowanych], the once sleepy southern Chinese city has metamorphosed into the world's largest gambling hub,[link widoczny dla zalogowanych], with the latest numbers pushing it even further ahead of rival Las Vegas.
The stellar growth in revenue in 2010 contrasts with 10 percent growth in 2009 - even without the relaxation of visa restrictions on mainland Chinese visitors and a recent reminder from China's premier Wen Jiabao for improved regulation and diversification of Macao's economy away from gambling.
Some analysts said discretionary spending by affluent Chinese would continue to power Macao's gambling sector - the only place in China where casino gambling is legal - to new heights in 2011 despite global economic storm clouds,[link widoczny dla zalogowanych], although growth could moderate somewhat.
"The absolute level of the market is massive so it's hard to sustain that level of growth,[link widoczny dla zalogowanych]," said Aaron Fischer,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], CLSA's head of Asian gaming research,[link widoczny dla zalogowanych], who expects Macao gambling revenue growth of 20 percent this year and 25 percent in 2012.
Janet Brashear of Bernstein research expects 17 percent market growth this year but noted in a recent report that several ongoing issues could eat into profits including: limits on new gambling table capacity,[link widoczny dla zalogowanych], a reluctance to approve new casino developments and possible tighter regulations on the junket operators that run lucrative VIP rooms,[link widoczny dla zalogowanych], .
"There could easily be a 10 percent swing in either direction,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych]," Brashear wrote. "Government and economic variables abound however,[link widoczny dla zalogowanych], which could alter the growth rate dramatically in either direction."
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