Packer’s Macau Casino Growing Fast

The casino that James Packer has built has posted two-digit growth for the first time since the worldwide credit crunch hit, The Age Newspaper has reported.

There was a huge 14% increase in revenue for the past three months which meant the casinos earned 4.9 billion Aussie dollars – this means that revenue is up 50% on the same period last year. All this means that shares in Packer’s Macau company have risen a massive 48% from the previous year.

This is good news for the Aussie owned company and also signals the huge growth in the Macau – an area that has quickly become the largest land-based gambling destination on earth.

Personally I have never been – if any Aussies out there have been – please drop us a line and let us know what you think of the place.

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