Search results for “Macao gaming revenue”
Trade war threat is hurting travel to Macau’s casinos
07/09/2018|11:25:47 AM|
The caution is already surfacing in Macau’s gaming data, with revenue showing two straight months of slowing growth.
Tourists are helping Macau’s casinos bounce back
07/05/2016|5:31:21 PM|
Gross gaming revenue in Macau fell 8.5 percent to 15.9 billion patacas ($2 billion). Macau’s casino operators have been shifting focus to tourists and recreational gamblers, with Wynn Macau Ltd.’s Wynn Palace project scheduled to debut August 22 and Sands China Ltd.’s Parisian expected to open September.
Macao casino revenue falls again in January
02/05/2016|5:37:18 PM|
January marked Macao’s 20th consecutive monthly decline in gaming revenue compared with a year earlier, falling to 18.7 billion Macao patacas (MOP; US$2.3 billion), a 21.4% decline from January 2015.
Chinese visitors to Macao keeping tight hold on wallets
02/16/2016|5:26:19 PM|
Mainland tourists to Macao was up by 4.3% for week, spending down by 20% and Chinese numbers visiting Hong Kong in holiday week dropped by 12%.
China spends big on holiday travel, movies and cruises
02/17/2016|8:42:27 AM|
Spending is up, even with growth slowing and stocks slumping.
Crackdown in Macau brings windfall for casinos from South Korea to Cambodia
03/09/2015|10:14:52 PM|
Asian casino operators from South Korea to Australia are pulling in China’s gamblers as the country’s corruption crackdown hits Macau hard.
Macau fortunes go from bad to worse as New Year gamblers vanish
03/02/2015|9:49:14 AM|
Casino revenue is now projected to plunge 53.5 percent for the month, compared with the 40 percent drop forecast before the holiday started.
Empty VIP tables in Macau means trouble for $44 billion industry
02/03/2015|10:31:24 AM|
Xi Jinping's battle against graft has increased gamblers’ concern that big spending will attract scrutiny, and stricter visa rules have also deterred them from traveling.
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