\nBy HOWARD STUTZ
\n\tLAS VEGAS REVIEW-JOURNAL
\n\tWith one month left in 2013, Macau\u2019s casino industry already has blown away its 2012 record gaming revenue production.<\/p>\n
\tIn November, Macau casinos collected $3.8 billion from customers, which, when added to the figures from the previous 10 months, gives the market $40.9 billion in gaming revenues in 2013. A year ago, Macau collected a record $38 billion from customers.<\/p>\n
\tThe Macau Gaming Inspection and Coordination Bureau released the results Monday.<\/p>\n
\tNovember\u2019s number, a 21.3 percent in increase, followed October\u2019s single-month record of $4.6 billion in gaming revenues.<\/p>\n
\t\u201cThe calendar comparison was favorable with one additional Saturday this year,\u201d Union Gaming Group Principal Grant Govertsen, who is based in Macau, told investors. \u201cThere were no notable weather issues this month or in the prior-year period.\u201d<\/p>\n
\tOn a year-to-date basis, Macau gaming revenues are up 18.6 percent over 2012.<\/p>\n
\tLas Vegas Sands Corp., Wynn Resorts Ltd., and MGM Resorts International operate casinos in Macau. All three companies are developing new resorts on the Cotai Strip region of Macau.<\/p>\n
\tAnalysts expect similar numbers in December.<\/p>\n
\t\u201cInvestors and (Wall) Street have low expectations for December gaming revenues as strong (high-end) volumes and high hold drove 20 percent year-over-year growth in December 2012,\u201d Wells Fargo Securities gaming analyst Cameron McKnight said.<\/p>\n
\tThis is a developing story. Check Back for updates.<\/p>\n