H2 gaming revenue tipped to slump to US$30 bln

2015-09-22

2015/9/22

From:Macau Business

The median forecast by 12 analysts surveyed by Bloomberg is that gross gaming revenue in Macau’s casinos the second half of this year will be 32 percent lower than a year ago.

The news agency says the median forecast is that second-half revenue will fall by US$14 billion (about MOP112 billion) to US$30 billion.

Bloomberg blames the forecast fall on the slowing of economic growth in mainland China and the campaign against corruption there, which have deterred rich mainlanders from gambling in Macau.

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