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Macau sees casino revenue slumping more next year

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Published Wed, Nov 18, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Hong Kong

MACAU's chief executive forecasts casino revenue to come in at 200 billion patacas (S$36 billion) in 2016, almost half the takings in the world's largest gambling hub last year and a further decline from what analysts estimate for the whole of 2015.

"We try to be conservative and maintain stability," chief executive Fernando Chui said at a press conference in Macau on Tuesday, after announcing his policy proposals to the city's legislators for next year.

Macau

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