Macao gambling revenue up 10.6 pct in April

Macao raked in 31.3 billion patacas ($3.92 billion) in gambling revenue in April, official data showed on Friday, thanks to strong spending by mainland visitors.

Gambling revenue growth in the Macao Special Administrative Region was up 10.6 percent in April, beating analyst estimates of 6-8 percent growth.

Gambling appetites are seasonally more subdued in April ahead of a national holiday in May when record swathes of visitors are expected.