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LUNAR NEW YEAR BOOSTS MACAU GROWTH
01st March, 2013 at 15:08:00
Over one million visitors to region in February 2013
Analyst's lower than expected January 2013 growth rates in the former Portuguese enclave of Macau were boosted in the month of February by the Lunar New Year festive period.
Over one million cash-rich visitors descended on the Asian gambling Mecca for the week-long holiday resulting in the Macau Gaming and Inspection Bureau reporting revenues of 27.1 billion Patacas, an increase of 11.5 percent.
According to Reuters, analysts expect March revenues to be affected by the change in China 's national leadership and High Rollers holding back because of tighter scrutiny of money transfers from Chinese authorities.
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?