Macau gaming revenue dives 35.5% in August
Recent opening of new gambling resorts fails to rouse a return of mainland Chinese visitors
Add BT as a preferred source
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$3.3 billion), widening from July's 34.5 per cent drop, data from Macau's Gaming Inspection and Coordination Bureau showed. That compared with the median estimate of a 37.8 per cent fall from seven analysts surveyed by Bloomberg.
TRENDING NOW
Japan Home closing outlets; staff say Valu$ taking over operations
Timah Partners lands S$60 million facility from lenders including UOB, RHB
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
