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Wednesday, March 4, 2015

Macau Gambling Revenue Down 53%

The amount of visitors to Macau's Casinos is actually up, but the amount of revenue is down. This means the whales, or big fishes are not playing. I view this as good news, because it means the anti-corruption campaign in China may be working.

Corruption Crackdown Costs - Macau Casino Revenues Collapse "Shockingly Bad" 53% - Zero Hedge

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