Macao gambling revenue falls 34% in 2015
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E-mail CRI, January 4, 2016
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A casino in Macao. [File photo] |
Gambling revenue in Macao has fallen for a second consecutive year.
According to the numbers for 2015, released by Macao's Gaming Inspection and Coordination Bureau, revenue slid 34 percent to a five-year low of 30 billion US dollars.
In 2014, revenue declined by there percent.
December saw gaming revenue fall over 20 percent, declining for the 19th consecutive month, as Beijing's hard-hitting campaign against corruption has hammered the industry.
Analysts say Macao's gambling sector is also likely to fall again in 2016, with a decline of 13 percent predicted.
Casino operators in the city have been trying to lure mass market visitors to make up for the drop in high-roller gamblers.
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