Macao Gambling Revenue Was Down 63% in January

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Macao casinos still aren’t faring too well, as January gambling revenue fell 63.7% in January, the 16th consecutive month of declines and the 12th straight month the year-over-year drop was greater than 60%.

Yet gambling revenue was 2.6% higher than it was in December, which itself was a 15% rise over November. The casino industry is improving, but at a glacial pace.

Image source: Getty Images.

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