Gamblers from mainland China sent casino revenue in Macau soaring last month.
Chinese bettors traveled to the gaming center during Golden Week vacations, driving monthly casino revenue up 32% to $4.57 billion. The record-setting figure matched analysts’ estimates for October casino revenue, Bloomberg noted.
The number of visitors from mainland China rose 12.1% during the holiday, compared to the prior year. Macau has seen steadily rising gambling revenue this year. Through October, casino revenues totaled about $37.2 billion, up 18% from last year.
Earlier this year, U.S. authorities raised concerns about some of the practices used in VIP rooms a Macau casinos.