Macau gambling revenues hit by china graft campaign

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Macau VIP rising as mainland graft probes decline: chart

Macau’s casino industry is being hit by a slump in VIP gaming as President Xi Jinping’s campaign on graft snared thousands of officials and is expanding to include executives at state-owned ... News : Macau Sept gambling revenues fall by most in 5 yrs ... Macau’s casino junket operators are feeling the squeeze as China’s anti-corruption drive has blown a hole in the world’s biggest gambling hub. Some are shifting players elsewhere, like the Philippines and Vietnam; others are quitting the business. Source: Reuters Reference:... Continue Reading → Anti-corruption campaign Phase II likely to hit Macau Macau casinos make more than half of their revenues from high rollers. As the anti-graft campaign activity and the number of cases investigated has seemed to slow in recent months, this second push in the crackdown on corruption will surely send shockwaves through Macau.

Macau's Economy Shrinks 20% in 2015 Amid Casino Gaming ...

Macau gambling revenues hit by China graft campaign ... Macau gambling revenues hit by China graft campaign. ... Macau is the only place in China where casinos are legal, something that has helped global companies such as Wynn, Sands and MGM to rake in ... Hit by China’s anti-graft campaign, Macau sees rise in ... Hit by China’s anti-graft campaign, Macau sees rise in reported crimes and falling revenues

China's Corruption Crackdown Pummels Macau Casinos ...

Macau gambling revenues hit by China graft campaign Macau’s gaming sector suffered its first annual decline in revenue last year, as Beijing’s anti-corruption drive dented spending by wealthy individuals.But last year the sector saw a sudden end to its lucky streak thanks largely to an anti- graft campaign that has rocked the luxury industry worldwide. Macau signals rebound as gambling revenues hit 2-year... -…

Anti-corruption Campaign of Mainland China . .... of 2016 and determined the Macau gaming industry was affected by the anti-corruption policy. ... results showed that gross gaming revenue, VIP baccarat revenue, and slot ..... graft campaign.

2015-1-2 · Macau gambling revenues hit by China graft campaign. Macau is the only place in China where casinos are legal, something that has helped global companies such as … Anti-corruption campaign Phase II likely to hit Macau 2015-7-2 · Anti-corruption campaign Phase II likely to hit Macau. By. macaubusinessdaily. A new headwind is en route to Macau as China announces a second wave in its anti-corruption campaign. This time using the collaboration of the country’s telecom companies to target officials who have fled overseas. As the anti-graft campaign activity and the ...