Casinos in Macau is in a difficult situation. However, it's getting worse and worse as its GGR continues to plunge. The year on year Gaming Gros Revenue fell 94.5% In July. Let's take a look at what's behind the terrible statistics over the current global disaster.
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Japan, Vietnam and the Philippines could all challenge for the casino throne in Asia, with the aim of rendering gambling in Macau a second choice for high-rollers. (Image credit: Matador Network) Despite experiencing a tumultuous economic period that lasted 26 months and only abated during the second half of 2016, Asia’s gambling hub has managed […]
Las Vegas Sands’ new Macau gambling destination The Parisian has been granted 150 gaming tables by the local gaming regulator. This decision is expected to provide a boost to Sheldon Adelson’s new $3 billion casino resort to enter the Chinese gambling market as efficient as possible. Image credit: Venetian Macao According to the latest gambling […]
By the end of 2015, Macau Gaming Revenue fell to a new annual low in 5 years according to Macau’s Gaming Inspection and Coordination Bureau. The only place on Chinese territory where gambling is legal, Macau quickly became the Vegas of the East, attracting rich guests from all over the world until the Chinese authorities finally caught up to speed. […]
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