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Tuesday, March 3, 2015

China Corruption Crackdown Deals Macau a Rough Hand



China proved that Gambling and Corruption go Hand in Hand!




China Corruption Crackdown Deals Macau a Rough Hand

Gambling revenue in Asia’s casino hub suffers record plunge in February


 
The world’s biggest casino hub remained in free fall in February as gambling revenue plunged a record 49% from a year earlier to 19.54 billion patacas ($2.45 billion), rocked by China’s crackdown on corruption.

The spectacular drop marks the ninth-straight month of collapsing revenue in the Chinese territory. February’s fall eclipsed a previous



http://www.wsj.com/articles/china-corruption-crackdown-deals-macau-a-rough-hand-1425364603



 

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