Home » Tripping Macau » MGM Grand Macau Rings Up US$6.6M in First Two Days

MGM Grand Macau Rings Up US$6.6M in First Two Days

» posted by Chuckmonster
  on 27 December 2007 3:31 pm

Putting the cap on what will be another phenomenal year for Macau's gaming biz, the MGM Grand Macau is reported to have rung up 51.5M Patacas, US$6.6M, in its first two days of operations.

Macau's 28 casinos as a whole appear to be headed for 11 figures in overall revenue - 83B Patacas (US$10B) for the 2007 calendar year... an increase of just over 45%, with December 2007 accounting for about 10% of the total figure.

This is particularly interesting since the casino game of choice in Macau, baccarat, has the lowest house advantage of any game offered there. That give some of you who've never been to Macau an inkling of the sheer volume of play that is going on... both VIP and mass market.

Correction: The title of the article mistakenly had a B instead of an M. Correction #2: Link to source added.





Comments & Discussion:
Posted by cheerioh on Thursday, 27th December 2007 - 10:40 am

what was the source for this info? not a matter of trust or anything, just curious, as i find this super fascinating to follow. any idea how a similar big opening in vegas would pull?

Subscribe via RSS







Recent Comments:

Chuckmonster posted: "you are a certified freak...."
» on Sands Macao Steals Playboy From...
Dramman posted: "Macau Studio City? Come on Chuck, now your just making up Macau projects! Nice touch to add a whole website..."
» on Sands Macao Steals Playboy From...
Dramman posted: "Came close to my Macau music. I usually like listening to "life during war" as I get of the ferry...."
» on Encore Grand Opening Fireworks (Video)...
Vanquish73 posted: "and his new girlfriend looks pretty pissed. I bet she's not vary happy to move to Macao........."
» on Encore Grand Opening Fireworks (Video)...
Vanquish73 posted: "Oh boy....the guy is seriously blind now. I feel sorry for him...."
» on Encore Grand Opening Fireworks (Video)...



About:

The boss sent Chuckmonster to Macau to bring back the scoop on what Asia's Las Vegas is all about. Follow along as Chuck deals with all the questions, logistics, travel issues, language barriers, hotel construction stuff, the lack of craps tables and all the other obstacles that any/every Macau and Cotai tripper might have to deal with.

Friends:

Die Is Cast
Cotai Strip Casino News
Two Way Hard Three