Macau Revenues Dive
By Casinomeister, Last updated Oct 10, 2014
For the fourth consecutive month
Beijing's anti-corruption campaign and tough economic conditions continue to have a negative effect on Macau gambling revenues which fell 11.7 percent in September 2014 compared to the same period 2013.
Although September revenues, in decline for the fourth consecutive month, fell to 25.6 Billion Patacas (US$ 3.21 Billion) from 29 Billion Patacas in September 2013, the results were still ahead of analysts predictions, driving some Macau casino share prices up.
On a positive note, China's annual week-long National Day holidays, which began October 1, 2014, show mainland Chinese visitors to Macau up 14 percent in the first five days confirmed the Macau Government Tourist Office.
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 astrophotography.
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