Macau suffers 11th straight month of revenue decline
The Chinese gaming resort of Macau has suffered an 11th consecutive monthly fall in gambling revenue.
Data from Macau’s Gaming Inspection and Coordination Bureau showed that gross gaming revenue in Macau during April amounted to 19.2 billion patacas (€2.2 billion/$2.4 billion), down 38.8% on the figure posted in the same month last year.
The April figure means that total gaming revenue for the first four months of the year now stands at 83.9 billion patacas, 37.1% less than the amount achieved at the same point in 2014.
Macau remains the only legal casino hub in the Chinese republic and, prior to the 11-month decline in revenue, had experienced significant growth.
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