Casino revenues recorded a record high US$1.1 billion in December, closing the year with a total US$10.3 billion. Portuguese news agency, Lusa, reported that in December alone, casinos in Macau gross revenue was up 47 per cent compared to 2006.

In addition to the revenue from casinos, Macau also summed around one billion patacas in revenue from the betting on races, horses, dogs, football games and other lotteries that will raise the accounts of the gaming sector to a total of about US$10.2 billion.

The month of December was also marked by a very strong competition between the Sociedade de Jogos de Macau, Stanley Ho and the Las Vegas Sands, the magnate Sheldon Adelson, who made very similar gross revenues in the order of 30 percent each, albeit with slight advantage for the company, Stanley Ho.

While Wynn Resorts won a share of around 15 percent, Galaxy Resort 14 per cent, and the consortium between Melco and PBL closed last month with nine percent and partnership between the MGM and Pansy Ho with around two percent.

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