China visitors fail to boost Macau casino revenues
Gambling takings have plunged for 20 straight months following Beijing's crackdown on corruption and the slowing economy
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MAINLAND Chinese tourists poured into Macau in greater numbers during the week-long Chinese New Year holiday, even as many shunned neighbouring Hong Kong again this year, but gambling revenues extended an almost two-year slump as highrollers stayed home.
Macau had 793,598 visitor arrivals from mainland China during the Feb 7-13 period, up 4.3 per cent over the corresponding week last year in China's lunar calendar, the Macau Government Tourist Office said on Monday. While that was good news for the world's largest gaming centre, it didn't help much to narrow a protracted slump in casino revenues.
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