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Jackpot October could herald record year

Macau’s casinos hit another record in October, cashing in MOP12.6 billion (US$1.58 billion) in gross receipts, according to provisional figures.
The number represents a 42 percent growth in gross receipts compared to October last year and is 16 percent up on the previous month.
So far, this it is the highest monthly amount recorded this year, confirming a climbing tendency in earnings since July.
According to Lusa news agency, provisional figures show that October’s revenue was in excess of MOP 1.4 billion compared to the previous record registered in August.
Accumulated revenue from January to October this year might not be far short of MOP 96 billion, pointing to a two percent increase when compared to 2008, according to the news agency.
Stanley Ho Hung-sun’s Sociedade de Jogos de Macau (SJM) is reported to be the market leader followed by Las Vegas Sands, Melco Crown, Wynn, Galaxy and MGM Grand.
The good performance in October is mainly attributed to the Golden Week holydays that celebrate China National day and the 60th anniversary of the founding of the People’s Republic, which brought thousands of visitors to Macau.