Macau revenues slump to four year low

Article by - - filed under Business, Land based slots.

macau casino tables

Casino revenue in Macau fell to its lowest level for four years amid a faltering China economy and a graft crackdown which has effected high rollers. There may be some positive news for the stricken gambling region as Chinese travel restrictions look set to be eased. Gross gaming revenue for Macau during June fell 36.2%… Read more »

Adelson suffers record losses due to online gambling battle and Macau slump

Article by - - filed under Business, Online Gambling.

slot machines

  US casino billionaire magnate Sheldon Adelson reportedly lost an estimated $8.9 billion of his own wealth during 2014 according to media reports. Adelson, 81, CEO of the Las Vegas Sands Corporation, has spent the year campaigning against online gambling and it appears that this opposition to the online industry has had a severe impact… Read more »