A Challenging May in Macau

Despite an extra Friday and a longer Labor Day holiday, the Chinese territory’s casinos posted a gaming revenue increase of only 1.8 percent. It wasn’t a surprise. Analysts have been tracking softness in the VIP sector (a VIP at Galaxy Macau at left) all year, and the expectation, broadly speaking, is for more of the same.

A Challenging May in Macau

This article is available to Subscribers of GGB News.

Learn more and