Macau gambling revenue rises 16.3 pct in April

HONG KONG, May 1(Reuters) - Revenue at the world's biggest

casino hub of Macau rose 16.3 percent in April, as new resorts

helped draw high rollers and casual gamblers to the country's

only legal casino hub.

Gambling revenue in the southern Chinese territory in April

was 20.2 billion patacas ($2.52 billion), government data showed

on Monday.

Analysts were expecting 13-17 percent growth.

Chinese President Xi Jinping's campaign against shows of

wealth by public officials in 2014 had dried up the stream of

VIP spenders from the mainland.

Analysts however remain cautious on the sustainability of

revenues though they have called a bottom to Macau's over

two-year slump.

($1 = 8.0030 patacas)

(Reporting by Clare Jim, writing by Farah Master; Editing by

Vyas Mohan)