Macau gambling revenues hit by china graft campaign

Macau gambling revenues hit by China graft campaign ...

Gambling revenues have languished at more than five-year lows. Official figures said growth in gambling revenue dropped 0.1 per cent to 19.5Macau has also stepped up its own anti-graft drive, investigating a raft of officials and detaining the former head of the public prosecutors office over the... Macau Gambling Revenue Hits High | Russian Gaming Week Macau, the only place in China where casino gambling is legal, has seen gambling revenue soar since the end of 2009, and is poised to rake inOctober's revenue haul beat the territory's previous high of 24.77 billion patacas hit in August. It was boosted by China's golden week holidays, which fall... Macau casinos go smoke-free – will it hurt revenues? ...gaming operators' revenue, which is already declining as Beijing's two-year-old anti- graft campaign keepsChinese gamblers at a casino located inside the Venetian hotel in Macau, China."Most mainland Chinese players will not stop visiting Macau just because they are not allowed to smoke atAsia's most prominent gambling enclave was also hit by labor unrest last week as nearly 300 casino... Xi visit to Macau deals cold deck to high-rolling VIP … Xi’s pervasive anti-graft campaign contributed to a disastrous year for major casino companies, which haveGambling revenue hit $45 billion last year, seven times Las Vegas’s take. But it also became aChina extended a crackdown on illicit money transfers into Macau, giving its Economic Crimes...

Khmerization: November 2010

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 ... 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 ... Macau VIP rising as mainland graft probes decline: chart

Macau's gambling revenue rose for a seventh month and hit a two-year high in February, in the strongest signal yet the casino hub was firmly on its path to recovery from a slump triggered by China ...

...gaming operators' revenue, which is already declining as Beijing's two-year-old anti- graft campaign keepsChinese gamblers at a casino located inside the Venetian hotel in Macau, China."Most mainland Chinese players will not stop visiting Macau just because they are not allowed to smoke atAsia's most prominent gambling enclave was also hit by labor unrest last week as nearly 300 casino... Xi visit to Macau deals cold deck to high-rolling VIP … Xi’s pervasive anti-graft campaign contributed to a disastrous year for major casino companies, which haveGambling revenue hit $45 billion last year, seven times Las Vegas’s take. But it also became aChina extended a crackdown on illicit money transfers into Macau, giving its Economic Crimes...

Xi visit to Macau deals cold deck to high-rolling VIP …

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China's anti-graft drive puts the squeeze on Macau's casino junkets ...

Macau’s casino junket operators are feeling the squeeze as China’s anti-corruption drive has blown a hole in the world’s biggest gambling hub. Some are shifting players elsewhere, like the Philippines and Vietnam; others are quitting the business. Source: Reuters Reference:... Continue Reading → Anti-corruption campaign Phase II likely to hit Macau Macau casinos make more than half of their revenues from high rollers. As the anti-graft campaign activity and the number of cases investigated has seemed to slow in recent months, this second push in the crackdown on corruption will surely send shockwaves through Macau. Macau Gambling Revenue Surges 28 Percent in April ...

Asia: Anti-graft drive puts Macau in the shade | Euromoney Asia: Anti-graft drive puts Macau in the shade ... Gaming capital stocks fall 41%; gambling revenues down 30%. Order; China’s anti-graft campaign has won many plaudits in the investment community since it started back in late 2012. The country, headed by reforming president Xi Jinping, has signaled to the markets that it is prepared to get ...