Feb. 8, 2010 (China Knowledge) - Macau's casino revenues in January this year hit a record high of 14 billion patacas, up 65% from the same period of last year, sources reported.

In December last year, Macau saw its casino revenues surge 48% year on year to 11.4 billion patacas, according to report.

SJM Holdings Ltd<0880>, the hotel and casino holding company of billionaire Ho is the market leader, with a 30% market share, while Sands China Ltd<1928> ranked second with a market share of 22%.

Reportedly, casino revenue currently contributes over 50% of Macau's GDP and much of the government revenue is generated from the industry.