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
Corruption Crackdown Costs - Macau Casino Revenues Collapse "Shockingly Bad" 53% - Zero Hedge
Labels: chinese corruption
posted by Unknown at
11:31 AM
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