Macau Sept gambling revenues fall by most in 5 yrs on ... MACAU, Oct 6 (Reuters) - Gambling revenue in the world's biggest gaming hub Macau recorded their steepest drop in more than five years in September as China's campaign against corruption and a slowing economy kept big-spending customers away. Revenues of Macau's 35 casinos fell 11.7 percent to 25.6 ... China's Corruption Crackdown Pummels Macau Casinos ... China's Corruption Crackdown Pummels Macau Casinos : Parallels The Chinese island is renowned as a gambling capital and a place to launder cash. An anti-graft campaign has driven away high rollers ... Macau gambling revenue up for 4th month, new resorts ...
Last year gambling revenue in Macau fell 2.6% to 351.5 billion patacas (US$44 billion), government data showed Friday. It was the first decline since a public accounting of such data began in 2002. December gambling revenue plunged a record 30% from a year earlier to 23.29 billion patacas (US...
China's Corruption Crackdown Pummels Macau Casinos : Parallels The Chinese island is renowned as a gambling capital and a place to launder cash. An anti-graft campaign has driven away high rollers ... Macau Sept gambling revenues fall by most in 5 yrs on China ... Gambling revenue in the world's biggest gaming hub Macau recorded their steepest drop in more than five years in September as China's campaign against corruption and a slowing economy kept big ... Macau's leader says will seek new ways to grow economy - Reuters
Macau gambling revenues hit by China graft campaign ...
The gambling hub has been targeted the Chinese Public Security Ministry as China aims to fight corruption and money laundering a key political concern for President Xi Jinping.The Chinese government stated that it would support Macau as it looks to grow its industry outside of gambling.
China's anti-graft drive puts the squeeze on Macau junkets
Macau casinos set to regain revenue | China Economic Review May 22, 2017 ... Macau is the world's largest gambling centre but revenues have declined ... 2014 , when China's corruption crackdown first began to hit the enclave, ... amid reduced fears about the anti-graft campaign and the opening of a ... China's anti-graft drive puts the squeeze on Macau's casino junkets ... Sep 25, 2014 ... Macau's casino junket operators are feeling the squeeze as China's ... on corrupt officials and tycoons has hit revenues at Macau's high-rolling VIP lounges, ... leading Macau junket, said Beijing's anti-corruption campaign was ... Macau gambling revenues hit by China graft campaign ... Macau gambling revenues hit by China graft campaign. ... The campaign has netted hundreds of officials — from low ranking local cadres to regulators, army officers and government ministers.
China's anti-graft drive puts the squeeze on Macau junkets - Reuters
Gambling revenue in the world's biggest gaming hub Macau recorded their steepest drop in more than five years in September as China's campaign"The crackdown, transit visa restrictions and other factors have hit revenues and we don't expect this situation to get better anytime soon," said a... Macau gambling revenue up for 4th month, new resorts attract…
Macau gambling revenue breaks two-year... - Standard… A major anti-graft campaign also kept the very rich from openly flaunting their wealth.Macau, the only place in China where casino gambling is legal, is set for another multi billion casino resort this month with U.S. billionaire Sheldon Adelson’s Sands China $3 billion Parisian resort. Macau fortunes go from bad to worse as New Year gamblers…