tachi palace casino bowling alleyIt was also the fifth month of this year where GGR tumbled there on a year-over-year basis, and the worst monthly decrease in percentage terms, using year-over-year comparisons.A slowing Chinese economy, Typhoon Lekima, and the protests in Hong Kong are all believed to have held back traffic at Macau casinos during the month,” according to Seeking Alpha.Year-to-date, Macau GGR stands at .50 billion through the end of August, almost two percent lower than where it was at this time last year.What’s Plaguing Macau?Ongoing pro-democracy protests in Hong Kong have also been cited as a reason for the decline in August gaming activity in Macau. (Image: WIFR)The local government has set up a request for proposal (RFP) group that will evaluate the various bids in advance of a public hearing on Sept.  the country’s markets to outside investors as part of a plan to earn a promotion to emerging markets status. online blackjack australia redditBut last month, analysts at Bernstein and JPMorgan forecast only minor impact on casino revenue because of that geopolitical uprising.Although the Hong Kong International Airport was closed for a few days because of the protests, analysts speculated that gamblers there and from other parts of Asia would find other flights through other regions to get to Macau.Softness in the Chinese economy, the world’s second-largest, and the lingering trade spat between that camerican casino roulette wheelountry and the US are widely seen as factors keeping gamblers, particularly VIPs, away from Macau last month.Last week, President Trump indicated the US and China still plan to meet this month to discuss trade. Analysts badly underestimated an August decline in Macau gaming revenue. Last year, October and December were two months when GGR there exceeded .21 billion.soaring eagle casino update

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