Drastic Drop In Macau Baccarat Revenues

Traditionally a major source of casino revenue, Macau baccarat has seen a 42 percent decline in Q2

Baccarat, traditionally a major earner for Macau casinos due to its popularity with Chinese high rollers, has seen a serious year-on-year decline in Q2-2015, according to official statistics.
Gaming revenue from the game decreased 42.2 percent over the quarter to MOP31.57 billion, the largest drop in percentage terms since the fourth quarter of 2005.
VIP baccarat accounted for about 55.5 percent of gross gaming revenue in Q2-2015, having accounted for 58.2 percent in Q1-2015, according to the Macau Gaming Inspection and Coordination Bureau.

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Local media reports indicate that the decline could become sharper if a proposed private rooms smoking ban comes into effect.

Online Casino News Courtesy of Infopowa

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Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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