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Macau gaming revenue growth slows in January • This Week in Gambling
iGaming Business – Macau experienced its slowest month-on-month gaming revenue growth in 15 months during January 2014, but officials remain hopeful of a stronger performance in February. According to the Reuters news agency, Macau posted lower-than expected gaming revenue of 28.7 billion patacas (€2.6 billion/$3.6 billion) due to tempered spending by Chinese visitors ahead of a national holiday. Analysts had expected revenue to grow by between 11% and 15% in January, but the Chinese New Year Holiday on January 31 meant many visitors saved their visits for the holiday period instead. Macau is expected to perform better in February with...
This Week in Gambling