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Daily Casino Gambling News - December 9, 2019: Macau Facing Biggest Threat in Five Years

Written by:

C Costigan

Published on:

Dec/09/2019

Gambling911.com has all your latest casino news, both online and brick and mortar, as it happens for Monday December 9, 2019.

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Macau Casinos Face Biggest Threat to Growth in Five Years

(Bloomberg) - Two decades after Macau returned to Chinese rule, a shift that catalyzed its emergence as the world’s biggest gambling hub, casinos are facing serious obstacles to their future growth. Macau casinos are poised for the first decline in annual gaming revenue since 2016, and next year may not be much better as China’s economy slows and rising Asian hot spots such as Vietnam lure high rollers.

Two decades after Macau returned to Chinese rule, its casinos are facing serious obstacles to their future growth https://t.co/WhQ91WcWqy
— Bloomberg (@business) December 9, 2019

- Gilbert Horowitz, Gambling911.com

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