Xi Jinping
China currency, equity turmoil adds to Macau’s woes
Macau’s casino revenue turned for the worse in August.
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Posted in China, China anti-corruption campaign, China credit, China economy, China exchange rate, China overseas travel, China stock markets, Forbes.com, Hong Kong On Air, Macau, Macau casinos, Macau economy, Xi Jinping
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Galaxy, rival casinos expand as Macau contracts
A $3 billion expansion of Galaxy Macau kicked off the next wave of Cotai resorts last week.
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Posted in Broadway Macau, China outbound travel, Cotai resorts, Cotai strip, Forbes.com, Galaxy Macau, Galaxy Phase 2, Hong Kong On Air, Macau casinos, Macau food specialties, Macau SMEs, Xi Jinping
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‘New normal’ drops Macau March revenue 39%
Macau had its tenth consecutive monthly revenue decline in March, though some insiders see signs of recovery.
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Posted in China anti-corruption drive, Forbes.com, Galaxy Entertainment Group, Hong Kong On Air, Macau, Macau casinos, Melco Crown, Muhammad Cohen, Roger McNamee, The New Normal, Xi Jinping
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‘New normal’ drops Macau March revenue 39%
Macau had its tenth consecutive monthly revenue decline in March, though some insiders see signs of recovery.
Continue reading
Posted in China anti-corruption drive, Forbes.com, Galaxy Entertainment Group, Hong Kong On Air, Macau, Macau casinos, Melco Crown, Muhammad Cohen, Roger McNamee, The New Normal, Xi Jinping
Comments Off on ‘New normal’ drops Macau March revenue 39%
Macau casinos take record fall in October
With five straight months of lower casino revenue, Macau could see its first annual decline since liberalization in 2002.
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Posted in Asia casinos, casinos, China anti-corruption campaign, Hong Kong On Air, Las Vegas Sands, Macau casinos, MGM Resorts International, Muhammad Cohen, Sands China, smoking ban, Wynn Resorts, Xi Jinping
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