Macau casino revenue in 2012 rose to $38B

HONG KONG – Casino revenue in Macau climbed 13.5 percent last year to a record $38 billion, as the Asian gambling hub reinforced its position as the world’s biggest gambling market.

Gross revenue from Macau’s 35 casinos also hit a monthly record in December, rising 20 percent to 28.2 billion Macau patacas ($3.5 billion), according to data posted on the Gaming Inspection and Coordination Bureau on Wednesday.