Macau casino revenue continues to drop despite ... - afr.com Macau's casino revenue fell for the 17th straight month, albeit at the slowest pace since January, as increased visits over China's National Day holiday week failed to boost traffic at betting ... Macau gambling revenue slump continues, drops for a 26th ... Macau posted a drop in gambling revenue in July, stretching declines for a 26th consecutive month, as wealthy gamblers continued to steer clear of the world's biggest casino hub amid a protracted ... Macau gambling revenue slump continues, drops for 26th ... Macau gambling revenue slump continues, drops for 26th straight month in July Mon, Aug 01, 2016 - 1:21 PM Macau posted a drop in gambling revenue in July, stretching declines for a 26th consecutive month, as wealthy gamblers continued to steer clear of the world's biggest casino hub amid a protracted anti-corruption campaign by Beijing.
Macau’s gambling market in February posted a 48.6% year-on-year drop in revenue, the worst drop on record for the Chinese gaming resort. Data from Macau’s Gaming Inspection and Coordination Bureau showed that revenue for the month amounted to 19.5 billion patacas (€2.2 billion/$2.4 billion), down from 38 billion patacas in the previous year.
Major drop for Macau's April casino revenue - Galaxy ... Gambling revenue in the Chinese territory of Macau fell 8.3% to 23.6B patacas in April, the biggest year-on-year drop since June 2016, due to tempered demand from high rollers amid a slowdown in ... Macau Gambling Revenue Continues to Drop - WSJ As gambling revenue plummeted for the 12th straight month in the world’s biggest casino market, Macau’s leader had a message for his people: Chill out. “Stay calm and peaceful to observe trends with wisdom” was the title of an inaugural column published online by the city’s Chief Executive Fernando... Macau gambling revenue slump continues, drops for... |… HONG KONG, Aug 1 (Reuters) - Macau posted a drop in gambling revenue in July, stretching declines for a 26th consecutive month, as wealthy gamblers continued to steer clear of the world’s biggest casino hub amid a protracted anti-corruption campaign by Beijing. Gambling revenue in the...
Macau gambling revenue slump continues, drops for... |…
October is set to be the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing ... VIP Aren't Betting Like They Used to at Wynn Resorts -- The ...
Macau casino revenue continues to drop despite holidaymakers. Annie Lee and Lisa Pham. ... Heeding Chinese President Xi Jinping's call for Macau to rid its economy of an overdependence on gambling ...
Gross gaming revenue for Macau casinos is expected to be flat to up 10 percent next year, versus an estimated 3-6 percent drop this year and aThe government will, however, continue to increase regulations on the operation of VIP rooms and promote responsible gaming, Chui has said at the time. Gambling revenue up 17 pct in Macau - Focus Gaming News Gambling revenue in Macau was up 17 per cent during August, the Gaming Inspection and Coordination Bureau revealed. It is the 25thIn addition, it foresees that the difference between Macau’s and Qatar’s GDPs will continue to widen as the Chinese territory’s figure per capita is set to... Macau gaming revenues continue to drop | Financial Times But it’s cold comfort given gaming revenues have posted year-on-year declines in every month since June 2014 as Chinese officials made a concerted effort to stamp out graft. That meant high-rolling mainland gamblers curbed trips to the former Portuguese colony, which is the only place in China... Macau posts best gambling revenue result
Macau continues to suffer as revenue plummets | iGaming
The casino-dense region of Macau experienced a drop in stock value as recent numbers fail to meet expectations from earlier in the year, causing difficulty for investors.. Nicknamed the “Las Vegas of Asia”, Macau remains the world’s largest gambling hub, surpassing Sin City’s annual gaming revenue nearly ten-fold. Macau gambling revenue slump continues in March with 16.3 ... A near two-year tumble in gambling revenue in China's Macau, the world's largest casino hub, continued in March with a 16.3 percent fall as visits by big-spending high-rollers became even more ... Macau Gaming Revenues Drop at Fastest Rate for Three Years Macau Gaming Revenues Drop at Fastest Rate for Three Years. Macau gaming revenue is falling at its fastest rate in almost 3 years; There was a 8.3% decrease in gaming revenues year on year in April; Many point towards a slowing Chinese economy as being a major reason for these drops Macau November gambling revenue falls 20 pct, sixth drop ... Gambling revenue in the world's biggest gambling hub Macau fell 19.6 percent in November on an annual basis, the sixth consecutive drop, as China's pervasive war on corruption and slowing economic ...
Macau gambling revenue slump continues, drops for a 26th ... Macau posted a drop in gambling revenue in July, stretching declines for a 26th consecutive month, as wealthy gamblers continued to steer clear of the world's biggest casino hub amid a protracted ... Macau November gambling revenue falls 20 pct, sixth drop ... Gambling revenue in the world's biggest gambling hub Macau fell 19.6 percent in November on an annual basis, the sixth consecutive drop, as China's pervasive war on corruption and slowing economic ... Macau gambling revenue continues to plummet As gambling revenue plummeted for the 12th straight month in the world’s biggest casino market, Macau’s leader had a message for his people: Chill out. “Stay calm and peaceful to observe ... Casino stocks drop as Macau slump continues - USA Online ...