« News index »
MACAU GROWTH SLOWER THAN EXPECTED
02nd July, 2012 at 09:52:40
Latest figures bear out Analysts predictions
Although Macau 's revenue growth figures report a rise over the previous month of May, they were slower than the 15% expected increase.
Analyst's remain bullish on the Macau gambling market for the medium term said Reuters, despite the enclave's meteoric gambling revenue growth slowing over the past few months.
According to Macau's Gaming Inspection and Coordination Bureau, June gambling revenue over the month of June recorded 23.3 billion patacas (approx. $2.9 billion), up 12.2% from a year earlier.
The slow-down is attributed to tight economic times in China, curbing mainland high roller visitor's spending.
Related News Tags: China
BLITZ ON THE WAY FOR CHINESE ONLINE GAMBLING
29th March, 2017 at 08:27:22
Government plans to crack down hard on online casinos and foreign land operators targeting Chinese high rollers.
NEVADA GAMBLING REVENUES FOR FEBRUARY RELEASED
28th March, 2017 at 19:47:54
Not the best February - 4.5 percent down year-on-year.
OURGAME LOOKS TO GLOBAL EXPANSION
27th March, 2017 at 13:46:09
Particularly within social casino and eSports sectors.
CHINA'S TIGHTER CONTROLS ON CAPITAL RESULT IN MAJOR DROP IN OUTGOING INVESTMENT
21st March, 2017 at 11:24:11
Foreign companies likely to feel the impact as Q1-2017 sees a significant 74 percent decline in outgoing investment capital.
LAND CASINO INVESTOR BUYS MOBILE APP COMPANY
20th March, 2017 at 07:18:24
Is Amax planning on expanding its land asset?