Macau bounces back
Macau – 1 March 2017 –
Macau’s gambling revenue rose for a seventh month and hit a two-year high in February, in the strongest signal yet the casino hub was firmly on its path to recovery from a slump triggered by China’s anti-corruption campaign and slow economic growth.
Business has been bleak in the special administrative region belonging to China since Chinese President Xi Jinping rolled out a campaign against shows of wealth by public officials in 2014 – a move that effectively dried up the stream of VIP spenders from the mainland, Reuters reported.
But the opening … Read More