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anti-corruption campaign

Macau’s casino revenue fell for the 17th straight month

Macau’s casino revenue fell for the 17th straight month

Macau’s casino revenue fell for the 17th straight month, as increased visits over China’s National Day holiday week failed to boost traffic at betting tables in the world’s largest gambling hub. Gross gaming revenue fell 28.4 percent year on year to MOP20.1 billion (USD2.5 billion) in October, according to data released by Macau’s Gaming Inspection […]
EIU predicts Macau’s real GDP will contract 21% this year

EIU predicts Macau’s real GDP will contract 21% this year

Macau’s real GDP in 2015 will probably contract sharply by 21% as the anti-corruption campaign in China will continue in 2015-16, according to the Economist Intelligence Unit (EIU) latest report. In this report, dated 21st of September, EIU analysts predict spending in Macau’s casinos will probably begin to expand again by the last few months […]