Macau casino revenues beat expectations, hit 10-month ... Macau's gambling take is rebounding amid steady economic growth in China, recovering from five-year lows set in 2014 when President Xi Jinping launched an anti-graft campaign targeting ostentatious displays of wealth. ($1 = 8.0180 patacas) (Reporting by Farah Master; Editing by Stephen Coates and Muralikumar Anantharaman) China's anti-graft drive puts the squeeze on Macau's casino ... China’s anti-graft drive puts the squeeze on Macau’s casino junkets ... officials and tycoons has hit revenues at Macau’s high-rolling VIP lounges, and analysts predict this year could be ... Macau gambling revenues hit by China graft campaign ... Macau gambling revenues hit by China graft campaign. ... The campaign has netted hundreds of officials — from low ranking local cadres to regulators, army officers and government ministers. Hit by China’s anti-graft campaign, Macau sees rise in ...
Macau's Economy Shrinks 20% in 2015 Amid Casino Gaming ...
Macau, the only place in China where casino gambling is legal, has seen gambling revenue soar since the end of 2009, and is poised to rake inOctober's revenue haul beat the territory's previous high of 24.77 billion patacas hit in August. It was boosted by China's golden week holidays, which fall... Macau casinos go smoke-free – will it hurt revenues? ...gaming operators' revenue, which is already declining as Beijing's two-year-old anti- graft campaign keepsChinese gamblers at a casino located inside the Venetian hotel in Macau, China."Most mainland Chinese players will not stop visiting Macau just because they are not allowed to smoke atAsia's most prominent gambling enclave was also hit by labor unrest last week as nearly 300 casino... Xi visit to Macau deals cold deck to high-rolling VIP …
Macau's gambling revenue hit with first annual fall - BBC News
Jan 19, 2015 ... Last year annual gaming revenue fell in Macau, a the former ... The drop — which came amid Xi's anti-graft drive and a slowing ... mass-market growth may hurt Sands China's share price in the near ... Do you think the impact of China's anti- corruption campaign on Macau revenue will lessen over time?
Macau Casino Shares Rise on Sign Industry Approaching ...
China's anti-graft drive puts the squeeze on Macau junkets - Reuters 24 Sep 2014 ... Macau's casino junket operators are feeling the squeeze as China's ... on corrupt officials and tycoons has hit revenues at Macau's high-rolling VIP lounges, ... leading Macau junket, said Beijing's anti-corruption campaign was ... China's Corruption Crackdown Pummels Macau Casinos : Parallels ...
The world's gambling capital Macau saw its first annual decline in casino revenues in 2014, figures showed Friday, with a corruption crackdown by the Chinese government ending a decade of booming growth for the industry. Official figures published by the former Portuguese colony showed that gaming ...
Macau Casinos Rock With a 24% Gain in May ... Officials said gambling revenues last month hit 22.7 billion patacas (about $2.8 billion), a 23.7% increase from May 2016, when Macau saw 18.3 billion ... Macau casinos suffer worst year amid anti-graft push ... Macau casinos suffer worst year amid anti-graft push. The world`s gambling capital Macau saw its first annual decline in casino revenues in 2014, figures showed Friday, with a corruption crackdown by the Chinese government ending a decade of booming growth for the industry. China's anti-graft drive puts the squeeze on Macau junkets China's anti-graft drive puts the squeeze on Macau junkets. ... The VIP business has traditionally brought in close to two thirds of Macau's gaming revenues - of $45 billion last year, more than seven times those of Las Vegas - but analysts predict that will drop to nearer a half. ... said Beijing's anti-corruption campaign was lasting longer ... Macau's casinos hit by China's anti-corruption drive Macau's casinos hit by China's anti-corruption drive ... Casino revenue in the city dropped 2.6% to 351.5bn patacas ($44bn, £28bn, €36bn) in 2014, after a record 30.4% monthly drop in December ...
Macau GDP Slumps as Casino Revenues Plunge on Graft Crackdown Macau GDP Slumps as Casino Revenues Plunge on Graft Crackdown Bloomberg · May 28, 2015 at 6:15 am The fall in GDP from a year earlier, if confirmed by the statistics agency, would be the deepest on record for the former Portugal colony since quarterly numbers are available in 2002. Macau gaming revenue growth slowed in August as typhoon hit ...