Casino revenue in Macau returns to negative variation of 8.4%
Macau's economy stopped heavily in the second quarter of the year, growing 0.3%, after a rise of 7.1% in the first three months of the year, placing the
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Summary
Six concessionaires operate in the territory — MGM, Galaxy, Venetian, Melco, Wynn and SJM — which renewed the concession contract for the next ten years in December 2023 and entered into force on 1 January 2024. Casino revenue in Macau again recorded a negative variation of 8.4% in July. The International Monetary Fund (IMF) expects Macau's economy to slow down this year to 3.3% as a result of the lower activity of the gambling sector and the extension of high interest rates.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
Six concessionaires operate in the territory — MGM, Galaxy, Venetian, Melco, Wynn and SJM — which renewed the concession contract for the next ten years in December 2023 and entered into force on 1 January 2024.
reliability low1/3 sourcesCasino revenue in Macau again recorded a negative variation of 8.4% in July.
reliability low1/3 sourcesThe International Monetary Fund (IMF) expects Macau's economy to slow down this year to 3.3% as a result of the lower activity of the gambling sector and the extension of high interest rates.
reliability low1/3 sources
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