Macau gambling continues to drop

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Macau continues to suffer as revenue plummets | iGaming ... 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. Macau Casino Business Will Continue to Improve | Gambling News Macau has shifted from a VIP-focused promised land for casino-goers to a rather more laic place under the sun. The country has been enjoying a very tangible upswing in the number of its mass market users who have been more than happy to visit the many available casino properties. Macau’s FIO sees drop in suspicious financial transactions ... The FIO added that the total number of reports, from all sources in the city, reached 699, which was a massive 30% drop from the 909 seen during the first quarter last year.

It's almost become required of us to forget the player who finishes second. A cliché even. As Stu Ungar famously said, "show me a good loser and I'll show you

Macau November gambling revenue falls 20 pct, sixth drop Dec 01, 2014 · 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 Casino Revenue Falls More Than Estimates on Tighter Jun 01, 2016 · Macau Casino Revenue Falls More Than Estimates on Tighter Rules. Gross gaming receipts fell 9.6 percent to 18.4 billion patacas ($2.3 billion), completing a two-year decline, according to data from Macau’s Gaming Inspection and Coordination Bureau. That followed a 9.5 percent decrease in April and compares with the median estimate of an 8 percent drop by analysts surveyed by …

The Portuguese and Macanese population continues to maintain a presence, but most of the population is native Chinese.

Macau gambling revenue slump continues, drops for 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 anti-corruption campaign by Beijing. (PDF) Macau gambling industry: Current challenges and ... Although Macau continues to face challenges since late 2014, the prospect of Macau gambling industry is still optimistic in the long term, as there are emerging positive catalysts which will boost ... MGM Resorts : Macau Gambling Revenue Continues to Drop 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 by the city's Chief Executive Fernando Chui. In an ...

Worst yet to come for Macau casinos, says analyst who ...

VIP games turnover, or the volume of bets by high rollers, fell 17.9% at Wynn Palace to $12.63 billion and plunged 40.3% to $10.19 billion at Wynn Macau. This compares to a 9.3% drop in VIP ... As Casino Revenues Plummet, What's Next for Tiny Macau?