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Tuff-Stuff

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Tuff-Stuff

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Sunday, 05/01/2016 6:38:30 PM

Sunday, May 01, 2016 6:38:30 PM

Post# of 648882
Macau gaming revenue down 9.5% in April

Gross gaming revenue in Macau fell 9.5% Y/Y to 17.34B patacas ($2.17 billion) in April, according to the latest report from the Gaming Inspection and Coordination Bureau.

The decline is an improvement from the 16% drop in March and topped the 14% fall-off expected by analysts.

The Macau sector is hoping for a second-half boost from new entertainment-focused properties due to open, a list that includes Wynn Palace and the Parisian. The last time Macau casinos showed positive growth for a month was almost two years ago.

Pray for A Pain Free Day!

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