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Macau's casino revenues drop by 20%

  • Macau’s casino revenues have dropped by nearly 20% in November compared to the previous year, indicating a further decrease in interest for gambling at the world’s largest gaming center.

    Gambling revenue from the 35 casinos in the Chinese territory fell to $3 billion, the sixth successive fall on a yearly basis, according to media reports.

    Macau is the sole place of China where casinos can operate, but the anti-corruption drives by the government have led to bigger gamblers becoming more cautious while spending.

     

    Tagged as: Macau, casino revenues, gambling, gaming center, gambling revenue, business news