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Macau Well Above Expectations – Up 25% On Last Year

shutterstock_125770034Macau is certainly the place to be for the world’s poker playing contingent, with it being reported that Macau has actually had revenue from its casinos in the first three months of 2013 totalling $3.9 billion. That is already a staggering amount yet when you learn that it is 25% percent more than the same period in 2012, it amazes even further.

These figures were revealed by the Gaming Inspection and Coordination Bureau in Macau, with them further compounding the fact that Macau now has larger revenue than that of Las Vegas with regards to gambling.

All of this was also in spite of quite a substantial slowdown in operations in the area due to the Chinese New Year celebrations which were held back in February. During the two week celebrations there was a major drop off in action as many of the usual high rollers didn’t want to get caught up in all of the festivities that were going on throughout the city.

As soon as those celebrations were finished with however, those same high rollers came back in their droves to help the region set its record busting first quarter of 2013.

A lot of this could be attributed to many American poker players moving away from America and setting up over in Macau, simply due to the current laws and regulations with regards to online and offline gambling in the country.

Many players like to grind poker both online and offline and see Macau as the best place to be able to do that in the current climate. It will be interesting to see if these figures will continue to grow once the legislation in some US states has been sorted out.

Tom “durrrr” Dwan is one such player that has moved his base to Macau, where he enjoys regular high stakes cash games with many of the rich Chinese businessmen in the area. When he is not playing those he is grinding online at Full Tilt Poker where he is one of the Full Tilt “Professionals”.

He is just the biggest name out of dozens of notable names we could tell you who have now made the trip to Macau on a more permanent basis. We cannot blame them either, poker players play poker for a living, so if that is now compromised they will have to go where it isn’t.

 

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