Macau gaming revenue dives 35.5% in August
Recent opening of new gambling resorts fails to rouse a return of mainland Chinese visitors
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Hong Kong
MACAU's casino malaise deepened in August, with gaming revenue falling a 15th straight month as the recent opening of new gambling resorts failed to rouse a return of mainland Chinese visitors over the popular school holiday season.
Gross gaming revenue fell 35.5 per cent to 18.6 billion patacas (S$3.3 billion), widening from July's 34.5 per cent drop, data from Macau's Gaming Inspection and Coordination Bureau showed. That compared with the median estimate of a 37.8 per cent fall from seven analysts surveyed by Bloomberg.
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