Just What’s a little H7N9 virus, or a loss of mainland China gambling junkets, when you’re Macau, the many gambling that is lucrative in the entire world? Even dings like that, which might affect less stellar revenue-creators than the Unique Administrative District that draws some of the globe’s biggest whales to its casinos, have actually not dimmed Macau’s first quarter earnings reports, and amidst all the luscious profits, the classic casino game called baccarat continues to be the kingpin that reaches the front of this revenue line.
First Quarter Profits Robust
The proof is within the earnings, and gross revenue figures of $10.66 billion just for January March of this season would make anybody’s smile perk up, let alone a casino’s. A lot more dazzling, those numbers represent an astounding 14.8 per cent bump on the exact same time final 12 months. We bet some casino bosses from Vegas are scrambling now, trying to puzzle out how the heck they did that hat trick.
Baccarat Is the Secret
Ends up the secret lies using the elegant, if completely luck-based, game of baccarat, very long a staple of gambling enterprises everywhere, but evidently incredibly popular with Asian gamblers. It came from the game that some say dates back to Etruscan times when we say ‘incredibly,’ it’s no exaggeration, because of that $10.66 billion, 91 percent of. A whopping two-thirds of that first quarter overall revenue came specifically from VIP bac […]