Macau gambling revenue remains on growth path in September 2018
News on 1 Oct 2018
News on 1 Oct 2018
Macau’s Gaming Inspection and Coordination Bureau released revenue performance figures for the Asian gambling hub Monday, revealing that revenues rose 2.8 percent year-on-year to 22 billion patacas ($2.73 billion).
The percentage growth was slightly below analyst predictions of 3 to 10 percent, but marked the twenty-sixth consecutive monthly gain in the former Portuguese colony, after performance plunged to five-year lows starting in 2014 due to lean economic growth in China and a widespread crackdown on corruption.
News on 1 Oct 2018
Macau’s Gaming Inspection and Coordination Bureau released revenue performance figures for the Asian gambling hub Monday, revealing that revenues rose 2.8 percent year-on-year to 22 billion patacas ($2.73 billion).
The percentage growth was slightly below analyst predictions of 3 to 10 percent, but marked the twenty-sixth consecutive monthly gain in the former Portuguese colony, after performance plunged to five-year lows starting in 2014 due to lean economic growth in China and a widespread crackdown on corruption.
