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Busted Flush S


ure-footed, agile and with the uncanny ability to cling to almost vertical rock, the goat is surely a master of survival. But the city’s gaming industry has not started the Year of the Goat on the right foot.


February recorded the biggest fall ever here for casino takings. Consequently, analysts are all eyes on March and April to see what the second half prospects are for an industry left reeling. Gross gaming revenues plunged 48.6 per cent to


In February, local casinos recorded the biggest gross gaming revenue fall ever. Such a drop was expected, the government says


MOP19.5 billion (US$2.4 billion) – the biggest year- on-year decline posted by local casinos on record. “This would seem to be at the high end of the most


recent consensus of expectations and represented a volatile month that stepped outside of historical trends, which is a likely theme for 2015. The month represented the last – and largest – of the challenging year-on-year comps (+40% in February 2014),” Grant Govertsen from Union Gaming Research Macau said in a note to investors.


22 APRIL 2015


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