Macau monthly revenue second highest ever

Macau gambling revenues rose 17.6 percent in August from a year before to 30.74 billion patacas ($3.92 billion), the second highest total ever,

according to figures from the Gaming Inspection and Coordination Bureau. The total was in line with analysts’ estimates. Revenues for the year to date reached 231.7 billion patacas, up 16.2 percent from 2012. The current monthly record is the 31.34 billion patacas in turnover generated in March.

Asia Entertainment & Resources Ltd. meanwhile said that its rolling chip turnover for the month rose 1 percent to $1.49 billion, which the company attributed to its purchase in June of the profit flow  from the Oriental VIP room of the Le Royal Arc Casino.