Corruption Crackdown Costs - Macau Casino Revenues Collapse "Shockingly Bad" 53%
Despite a 7% rise in actual tourist arrivals to Macau from China during this Lunar New Year's holiday, 'The Year of The Goat' is off to an extremely inauspicious start. As Bloomberg reports, even with expectations of a 40% drop, Macau casino ...Zero Hedge, 1 month ago
Macau's Unhappy Chinese New Year — Heard on the Street
ByAaron Back Macau's casinos had an inauspicious start to the year. Investors shouldn't bet on their luck turning any time soon. The semiautonomous Chinese territory had a bad 2014, as total gambling revenue fell 2.6%, its first decline on ...iMarketReports, 1 month ago
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