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2007-07-17 11:09:42
Annual casino revenues in Macao the only place in China where casino gambling is legal climbed to 50 per cent in June, new figures have shown.
According to the local Gaming Inspection and Coordination Bureau, revenues amounted to a record 19.57 billion patacas ($2.45 billion) in the second quarter of the year.
Revenues from VIP baccarat, a favourite for high-rollers, totaled 13.21 billion patacas a 58 per cent on the same period last year.
Macau, a former Portuguese colonial enclave, is located about 60 km west of Hong Kong.
Last month, Playboy Enterprises announced that it plans to build a casino resort in Macao, which will be run by Melco PBL, one of the enclave's six licensed gaming companies.