Revenue reaches US$1.76 billion, up 70 percent from a year ago

Macau’s gross gambling revenue hit a record in April, soaring 70 percent from a year ago to more than MOP14.1 billion (US$1.76 billion).

A report by Portuguese news agency Lusa showed Stanley Ho’s SJM Holdings continued to lead the market with slightly above 33 percent of GGR, followed by Las Vegas Sands’ Sands China, with just over 21 percent, and Wynn Resorts’ Wynn Macau, with just over 14 percent.

Melco Crown Entertainment had a market share of about 13 percent, Galaxy Entertainment Group had about 11 percent, and MGM Macau around 7 percent, Lusa reported.

The April record surpassed the one hit in January, when gross gambling revenue in the self-governing Chinese peninsula, the only place in China where casinos are legal, totaled almost MOP14 billion.