Macau Numbers Slip Again

8.5 percent decline in revenue in June 2016

The Macau regulators, always quick off the mark with their gambling statistics, have revealed that Macau revenues continued to decline year-on-year in June 2016, falling 8.5 percent to 15.9 billion patacas ($1.99 billion).
The decline was largely in line with analysts' predictions of a 5 to 12 percent drop… the 25th consecutive month in which declines have occurred following the Chinese central government crackdown on corruption and ostentatious spending, and a slowing Chinese economy.
Monthly revenues have shrunk by half in the last two years and hit lows unseen in over five years.

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.
bryan@casinomeister.com

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