China's Corruption Crackdown Pummels Macau Casinos : Parallels ... Nov 7, 2014 ... An anti-graft campaign has driven away high rollers and others ... The casino strip in Macau has revenues roughly seven times its counterpart in Las Vegas. ... Last year, revenue rose about 20 percent, hitting $45 billion ... Macau's Economy Shrinks 20% in 2015 Amid Casino Gaming Slump ... Mar 3, 2016 ... Macau's economic output contracted 20.3 percent in 2015 as the ... revenue and fewer visitors amid China's anti-corruption campaign and slowing economy. ... Gambling hurt by China's anti-graft campaign, slowing economy.
The Chinese gambling resort of Macau posted gambling revenue of $45 billion (€32.8 billion) for 2013, an increase of 18.6% on the previous year. The Reuters news agency reported that overall growth was boosted by a bumper December in which Macau posted gaming revenue of $4.2 billion...
Annual Economic report: Macao 2017 - SinOptic 14 Jun 2018 ... Typhoon Hato hit Macao in August 2017, killing 10 people and injuring over ... Mainland China such as anti-graft measures, control on capital ... sharp fall in the high-end or “VIP” casino business and an anti-corruption campaign in China. ... and 60% of gross gaming revenue in 2013 and 2014 respectively. Five industries that stand to lose from Beijing's anti-corruption crackdown 9 Feb 2015 ... The political implications of the anti-graft campaign are hard to ... tens of millions of dollars at casinos in Macau, the largest gambling mecca in the world. ... a massive hit to profits last year after sales of its Chinese white spirit ... GGRAsia – 2016: rise of the Asian mass-market casino resort? 31 Dec 2015 ... VIP baccarat revenue as a percentage of all Macau casino revenue has .... how China's anti-graft campaign will play out in the next 12 months, ... Melco Crown Can Survive And Thrive - Melco Resorts & Entertainment ...
Macau’s high-rolling casinos suffer amid China anti-graft ...
Mar 12, 2015 ... Seasoned Chinese gamblers will find ways to gamble abroad or ... revenue numbers than what land-based casinos make in Macau. ... Yes, China's more expanded crackdown on Macau's casinos will continue to hurt gambling-related firms. ... the said anti-casino measures to aid in its anti-graft campaign. 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's Economy Shrinks 20% in 2015 Amid Casino Gaming Slump ... 3 Mar 2016 ... Macau's economic output contracted 20.3 percent in 2015 as the ... revenue and fewer visitors amid China's anti-corruption campaign and slowing economy. ... Gambling hurt by China's anti-graft campaign, slowing economy. Macau casinos cash in again as China's luxury sector rebounds ...
Macau’s high-rolling casinos suffer amid China anti-graft storm. Macau’s gaming revenues have risen by an The anti-corruption campaign has also hit “junket” operators who have
Hong Kong and Macau have traditionally been favoured by mainland Chinese big spenders for shopping and gambling. The BBC's South Asia regional editor Jill McGivering says the Communist Party has always forbidden gambling but, until the launch of the recent anti-corruption campaign, many officials nonetheless flocked to Macau's casinos to place ... Macao gambling revenue growth best in 20 months 丨 Business ... Macao's economy, which relies on the casino industry for over 80 percent of government revenues, has been hit by a decline in big-spending VIP gamblers as an anti-corruption campaign launched by Beijing in 2014 curbs conspicuous spending. Gambling revenues have languished at more than five-year lows. Macao gambling revenues tumble 23% - China Daily Macao gambling revenues tumble 23% ... year-long campaign on corruption has meant many high-stakes gamblers are avoiding ostentatious displays of wealth in Macao, the only place in China where ... Macau casino-related crime rises as gambling profits ... Macau has been hit by a sharp rise in casino-linked crime as gaming revenues nosedive amid Beijing's drive to clean up the world's biggest gambling hub, putting the cash-squeeze on its notorious ...
Echo Sees Macau Junkets Sending Gamblers Abroad as Revenue ...
China's Corruption Crackdown Pummels Macau Casinos : Parallels ... 7 Nov 2014 ... An anti-graft campaign has driven away high rollers and others ... The casino strip in Macau has revenues roughly seven times its counterpart in Las Vegas. ... Last year, revenue rose about 20 percent, hitting $45 billion ... Xi Arrives in Macau as Anti-Corruption Campaign Hits Casinos 19 Dec 2014 ... A Macau government handout picture shows Chinese President Xi ... Macau's gambling industry faces a slide in revenues, which analysts say ... China's anti-graft drive puts the squeeze on Macau junkets - Reuters
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