Macau gambling revenue up 13 percent in April yr/yr

HONG KONG Thu May 2, 2013 12:35am EDT

HONG KONG May 2 (Reuters) - Gambling revenue in Macau, the world's biggest gambling destination, rose 13.2 percent to 28.3 billion patacas ($3.54 billion) in April, according to government data.

Macau, a Portuguese colony until 1999, is the only place in China where casino gambling is legal. Full-year gambling revenue hit $38 billion last year.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.