Macau Gambling Calmer In January

Gambling revenue growth lower than estimates at 7 percent

China’s offshore gambling island of Macau delivered 28.7 billion patacas ($3.6 billion) in gambling revenues for the first month of 2014, recording its lowest growth rate since October 2012 at 7 percent.

The performance was substantially lower analyst estimates of 11 to 15 percent despite a boost from Chinese mainland visitors prior to a week-long national holiday.

The Reuters news agency reports that gambling demand is seasonally subdued in Macau ahead of the Chinese New Year holiday, which started on Jan. 31, with many visitors saving their visits for the holiday period.

Online Casino News Courtesy of Infopowa

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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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