Tag Archives decline

Macau visitor numbers decline amid ‘Wuhan virus’ fears

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In Macau and aggregate tourist numbers reportedly dropped by almost 50% year-on-year on Friday and Saturday amid growing apprehension surrounding the spread of the highly-infectious ‘Wuhan virus’ that has already killed 80 people in neighboring China. According to a report from Inside Asian Gaming, the two-day period marked the start of week-long Chinese New ...

Wynn Macau Limited ‘not worried at all’ by a recent decline in VIP business

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In Macau and a senior executive with the local subsidiary of American casino operator, Wynn Resorts Limited, has reportedly declared that she is ‘not worried at all’ by a recent decline in business from the city’s VIP gaming sector. According to a report from GGRAsia, Linda Chen (pictured) serves as Vice-Chairman and Chief Operating ...

Macau records nine-month decline in suspected instances of money laundering

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In Macau and it would appear that suspected instances of money laundering have recently decreased after the enclave’s Financial Intelligence Office purportedly revealed that it had received only 2,089 suspicious transaction reports since the start of the year. According to a story from GGRAsia, such reports are a good guide to the prevalence of ...

China lottery sales figures continued their decline in July

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July reportedly saw aggregated ticket sales in China for the nation’s pair of state-sponsored lottery games deteriorate by some 40.1% year-on-year to stand at slightly above ¥32.73 billion ($4.56 billion). According to a report from GGRAsia citing official data from the giant country’s Ministry of Finance, the July result represented the sixth consecutive month ...

Macau records a 3.5% decline in aggregated gross gaming revenues for July

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The over 35 casinos in Macau reportedly had a bad July after ending a recent spurt of comparable growth to post a 3.5% decline year-on-year in aggregate gross gaming revenues to approximately $3.03 billion. Comparable disappointment: According to a Thursday report from GGRAsia citing official figures from the enclave’s Gaming Inspection and Coordination Bureau, ...